Proceedings of The 5th International Conference on Research in Business, Management and Economics
ICT and Trade: Literature Review
The paper reviews the literature on the effects of Information Communications Technology (ICT) on trade. Based on the literature review it argues that ICT may directly promote trade by lowering fixed and marginal trade costs. Moreover, the paper argues that ICT can also generate indirect effects on trade through enhancing labour productivity.
keywords: ICT, international trade, firm heterogeneity, technological progress .