arbiter
JournalsPricingAccount

Does ICT Investment in 
Low-tech, Medium-tech 
and High-tech Industries 
Affect TFP Growth 
Differently? Evidence from 
Indian Manufacturing Sector

Subal Danta & Badri Narayan Rath

Studies in Microeconomics2025https://doi.org/10.1177/23210222251383602article
AJG 1ABDC C
Weight
0.37

What the paper says

Although many studies have explored the role of information and communication technology (ICT) in boosting productivity, there is limited evidence on how ICT investment impacts total factor productivity growth (TFPG) differently across different technically-intensive firms. This study addresses this gap by examining the effect of ICT investment on TFPG using firm-level data of the Indian manufacturing sector. The findings indicate that ICT investment has a significant, positive effect on TFPG overall, with a notably significant impact in high-tech and medium-tech manufacturing firms. However, the benefits of ICT investment are not pronounced in low-tech firms, suggesting that these firms may lack the infrastructure or digital bottlenecks. From a policy perspective, it is crucial for the government to support low-tech manufacturing firms in upgrading their technical capabilities, enabling them to compete more effectively and improve TFPG in the context of Industry 4.0. JEL Classifications: O33, D24, C36, C23, L60

1 citation

Open paper page →

Cite this paper

https://doi.org/https://doi.org/10.1177/23210222251383602

Or copy a formatted citation

@article{subal2025,
  title        = {{Does ICT Investment in 
Low-tech, Medium-tech 
and High-tech Industries 
Affect TFP Growth 
Differently? Evidence from 
Indian Manufacturing Sector}},
  author       = {Subal Danta & Badri Narayan Rath},
  journal      = {Studies in Microeconomics},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1177/23210222251383602},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

Does ICT Investment in 
Low-tech, Medium-tech 
and High-tech Industries 
Affect TFP Growth 
Differently? Evidence from 
Indian Manufacturing Sector

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.