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Persistent link: https://www.econbiz.de/10010725443
The Internet stimulates trade. Using a gravity equation of trade among 56 countries, we find no evidence of an effect … of the Internet on total trade flows in 1995 and only weak evidence of an effect in 1996. However, we find an increasing … that the effect of the Internet on trade has been stronger for poor countries than for rich countries, and that there is …
Persistent link: https://www.econbiz.de/10005712775
Persistent link: https://www.econbiz.de/10005512686
We study whether aggregation residuals in U.S. private investment in information technology (IT) exhibit a predictable pattern that is consistent with Hicks' composite-good theorem and that may be used for forecasting. To determine whether one can extract such a pattern, we apply the...
Persistent link: https://www.econbiz.de/10005368144
While information technologies (IT) are credited with the recent acceleration in productivity in the United States, many other industrial countries have not experienced a pickup in productivity growth. To explain this productivity divergence, we use panel data from 1992 to 1999 for 13 industrial...
Persistent link: https://www.econbiz.de/10005372583
This study examines the adoption of hospital information systems (HIS), specifically focusing on the connection between the financing of health care and the adoption of these new technologies. Using a recently uncovered dataset detailing the systems installed at over 2300 hospitals, the results...
Persistent link: https://www.econbiz.de/10005721035
Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence that many analysts linked to information technology (IT). However, shortly after this consensus emerged, demand for IT products fell sharply, leading to a lively debate about the connection between...
Persistent link: https://www.econbiz.de/10005393720
This study measures the impact of information technology (IT) use on hospital operating costs during the late 1980's and early 1990's. Using a proprietary eight-year panel dataset (1987-1994) that catalogues application-level automation for the complete census of the 3,000 U.S. hospitals with...
Persistent link: https://www.econbiz.de/10005393740
The performance of the U.S. economy over the past several years has been remarkable, including a rebound in labor productivity growth after nearly a quarter century of sluggish gains. To assess the role of information technology in the recent rebound, this paper re-examines the growth...
Persistent link: https://www.econbiz.de/10005393903
This paper analyzes the sources of U.S. productivity growth in recent years using both aggregate and industry-level data. We confirm the central role for information technology (IT) in the productivity revival during 1995-2000 and show that IT played a significant, though smaller, role after...
Persistent link: https://www.econbiz.de/10005394129