engleski

Input management in crisis : total factor productivity of ICT sector in Croatia

This paper analyzes neoclassical production function and tries to find alternative sources of growth in the time of costly and even more scarce inputs. On the example of Croatian economy, it is shown that information and communications sector in Croatia is 24.5 times more productive than Croatian economy on average. Hence a special care is advised for further development of this sector which appears to be extremely effective in transformation of inputs into output.

ICT sector; Total factor productivity; input management; crisis; labour; capital; human capital

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