Erratum to: ICT and Human Capital Spillover Effects in Achieving Sustainable East Asian Knowledge-Based Economies (J Knowl Econ, 10.1007/s13132-016-0430-4)

Abstract

The original version of this article unfortunately contained mistake. In the explanation of equation 3, λ and θ were in the wrong place. The correct presentation of explanation of equation 3 is given below. ∆lnTFPit = ∆lnGDPit‐[α.∆lnKit+ß.∆lnLit +λ.∆lnICTit+θ.∆lnHCit] (3) where the weights are given by the average value shares as follows: ∆lnGDPit is the growth rate of output α.∆lnKit is the contribution of the aggragte physical capital ß.∆lnLit is the contribution of the aggregate labor λ.∆lnICTit is the contribution of the ICT θ.∆lnHCit is the contribution of the human capital ∆.lnTFPit is the total factor productivity growth.