This paper explores the impacts of informatin technology investment on economic groth in a cross-section of 39 countries in the period 1980-95 by applying an explicit model of economic growth, the augmented version of the neoclassical (Solow) growth model.

Can the increasing signicance of knowledge-products in national income- the growing weightless economy-infuence economic development? Those technologies reduce "distance" between consumers and knowledge production This paper analyzes a model embodying such a reduction. The model shows how...

Even in industrial countries, the impact of information technology has not been as deep or pervasive as the debate about the benefits of the global information society sometimes makes it appear. The literature review on the US experience shows that there is neither a 'productivity paradox' nor a...

Much of the vast literature on changes in income distribution in advanced countries during the last two decades attributes these either to globalization, or to skill-biased technology, or to a combination of the two. A transatlantic concensus has emerged to suggest that thes two factors have led...

Starting from the celebrated neoclassical (Solow) model of economic growth, this paper discusses new ideas in growth theory focussing on how to make sustained growth feasible. It first reviews models that broadened the notion of capital to include human capital and the state of technology. These...

The effect of computer technology on Finnish economic growth in 1983-96 is examined to shed light into the famous productivity paradox. Using the neoclassical growth accounting framework, the contribution of computer hardware, software and labor to gross and net output growth is assessed at...

The rapid diffusion of computers has widely changed the consequences of computer use on the labour market. While at the beginning of the eighties k nowledge of computers was an obvious advantage in a career, this same knowledge is now so commonplace that the inability to use these tools is...

This paper describes the scale and nature of development assistance to projects that sought to improve housing and living conditions for low income groups, including housing-related infrastructure and services such as water supply, sanitation and drainage during the period 1980-93.