Showing 1 - 10 of 63
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 … and slowed productivity growth in a number of industrial countries. We then develop a theoretical model with vintage …
Persistent link: https://www.econbiz.de/10005372583
Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence that many analysts …, leading to a lively debate about the connection between IT and productivity and about the sustainability of the faster growth … acceleration in labor productivity after 1995 was driven largely by the greater use of IT capital goods and by the more rapid …
Persistent link: https://www.econbiz.de/10005393720
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
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
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
productivity growth after nearly a quarter century of sluggish gains. To assess the role of information technology in the recent … that we have used in earlier work. Our results indicate that the contribution to productivity growth from the use of … speed-up in productivity growth. All in all, we estimate that the use of information technology and the production of …
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 2000. Productivity growth after 2000 appears to have been boosted …
Persistent link: https://www.econbiz.de/10005394129
This paper introduces new estimates of recent productivity developments in the United States, using an appropriate … continued strong performance of U.S. productivity since 2000. We find that the major sectoral players in the late 1990s pickup … were not contributors to the more recent surge in productivity. Rather, striking gains in MFP in the finance and business …
Persistent link: https://www.econbiz.de/10005512972
At a macroeconomic level, infrastructure and productivity are positively correlated in the United States and other … infrastructure to productivity, or the reverse. This paper focuses on roads, and finds that vehicle-intensive industries benefit … disproportionately from road-building: when road growth changes, productivity growth changes more in industries that are more vehicle …
Persistent link: https://www.econbiz.de/10005368200
countries. The paper begins by surveying earlier estimates of relative productivity and unit labor cost levels and evaluating … productivity translated into dollars at purchasing power parity exchange rates. These estimates are compared with results obtained …
Persistent link: https://www.econbiz.de/10005368260