In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on the role of information technology (IT). We have adjusted Japanese data to conform to U.S. definitions in order to provide a rigorous comparison between the two economies. The...

This paper presents new data on the sources of growth for the Japanese economy over the period 1960- 2000. The principal innovation is the incorporation of detailed information for individual industries, including those involved in the production of computers, communications equipment, and...

FrontMatter -- Contents -- Preface -- I INTRODUCTION -- Software and the New Economy -- II PROCEEDINGS -- Introduction--Dale W. Jorgenson -- The Economics of Software--William J. Raduchel -- Panel I - The Role of Software - What Does Software Do? -- Panel II - How Do We Make Software and Why Is...