rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …

. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological …

we develop has three main features: (i) the recurrent arrival of scientific discoveries that generate productivity gains …

such models in analyzing the production structure, the determinants of variable and quasi-fixed factors, and productivity … growth. The paper also discusses the traditional approach to productivity analysis based on the Divisia index number …

determining the rate of growth of total factor productivity (TFP) . Specifically, we propose and illustrate a methodology for …

change. This provides a bridge between the productivity literature and the welfare-related literature that tends to reason in … terms of net product functions: although the relevant income measure is net of depreciation, productivity is measured based … on gross output. We show that net product, net income, net expenditure and productivity change are complements, not …

When considering the incentive of a monopolist to adopt an innovation, the textbook model assumes that it can … likely to adopt technologies and increase productivity …