Front Matter -- Contents -- Preface -- Executive Summary -- Introduction 1 -- Introduction 2 -- Welcome to the New Economy -- Defining and Measuring the New Economy -- Drivers of the New Economy -- Communications and Software -- Applications and Policy Issues -- Roundtable Discussion -- Appendix...

This paper analyses the sources of U.S. labour productivity growth in the late 1990s and presents projections for both output and labour productivity growth. We show that investment in information technology (IT) played a substantial role in the U.S. productivity revival and that similar trends...