This paper analyzes the contribution of network externalities to the pickup in U.S. productivity in the early 2000s …. The Internet and wireless communication are treated as the central mechanisms of ICT-driven productivity growth. The … approach contrasts with the dominant view in the macro-productivity literature, which places microprocessor speed and …

productivity growth in the mid-1990s. This paper traces the evolution of productivity estimates to document how and when this … of the late 1990s that this investment and underlying productivity increases in the IT-producing sectors were identified … that private sector productivity growth will average around 2.5 percent per year for the next decade, a pace that is only …

accumulation, a surge in hours worked, and faster growth of total factor productivity. The acceleration of productivity growth …

This paper examines the link between information technology (IT) and the U.S. productivity revival in the late 1990s …. Industry-level data show a broad productivity resurgence that reflects both the production and the use of IT. The most IT …-intensive industries experienced significantly larger productivity gains than other industries and a wide variety of econometric tests show …

consumer goods sector. We find that patent filings are positively associated with subsequent product innovation by firms, but … at least half of product innovation and growth comes from firms that never patent. We also find that market leaders use … innovation decisions. We show that the private value of a patent is particularly high for large firms as patents protect large …

consumer goods sector. We find that patent filings are positively associated with subsequent product innovation by firms, but … at least half of product innovation and growth comes from firms that never patent. We also find that market leaders use … innovation decisions. We show that the private value of a patent is particularly high for large firms as patents protect large …