Cross-nation analysis reveals digital technology improves service productivity significantly in high-income countries, suggesting investment in digital infrastructure.
Key Points
Service labor productivity increased by 0.43% for each unit rise in the ICT Development Index.
High-income nations experienced an 8.8% productivity surge, highlighting disparities with lower-income economies.
The approach included cross-nation panel data analysis and fixed-effects regression for a comprehensive assessment.
Findings emphasize the need for targeted digital infrastructure investments and strategies for inclusivity in developing areas.