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- The growth of ICT investment in OECD countries
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The growth of ICT investment in OECD countries
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ICT investment has come to represent a growing portion of total investment. ICT accounts for an increasing share of investment in all sectors. In this paper, a model is estimated forecasts largely predicted the share of ICT investment in non-residential fixed capital formation, as a percentage of totals no-residential fixed formation, total economy, in OECD countries. For the empirical analysis we use data for the period 1990-2003. In this study, we examined the forecasting with the time-series data analysis methods using ordinary least squares (OLS) and specify interesting speed growth of ICT investment in different countries.