This paper investigates the effects of the rates of diffusion of the cluster of new information technologies on the growth of output and total factor productivity in the main OECD and industrializing countries in the late eighties. This diffusion approach contrasts the technology production...

Technological change is far from neutral. The empirical analysis of the rate and direction of technological change in a significant sample of 12 major OECD countries in the years 1970-2003 confirms the strong bias of new technologies. The paper implements a novel methodology to identify and...