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This paper presents the results of our empirical research in measuring the size and structure of the US information economy in 1992 and 1997, and in assessing the growth experienced by different industries and sectors since Porat's research on the US information economy in 1967. The study...
Persistent link: https://www.econbiz.de/10012770416
It is well known that almost all of the largest economies in the world are already dominated by services. What may be less well known is that many are also evolving towards becoming information economies in the sense of both value added (GNP) and jobs. Of course, this evolution is less advanced...
Persistent link: https://www.econbiz.de/10012770417
Most of the large economies in the world are dominated by services, in that services compose more than 50% of their GDP. Even in India, where most of the employment (60%) is in agriculture, services contributed just over 60% of the GDP in 2005. An exception is China, where the industrial sector...
Persistent link: https://www.econbiz.de/10014040418