After 2004, measured growth in labor productivity and total-factor productivity (TFP) slowed. We find little evidence that the slowdown arises from growing mismeasurement of the gains from innovation in IT-related goods and services. First, mismeasurement of IT hardware is significant prior to...

Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence that the literature linked to information technology use. We contribute to this debate in two ways. First, using the most comparable Canadian and U.S. data available, we quantify in a comprehensive...