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information technology (IT) or information and communications technology (ICT) and productivity, but few have examined the …Until recently, most studies examining the effect of computerization on productivity have shown little evidence of a … payoff to computer investment in terms of productivity growth. Most of these studies have focused on the connection between …
Persistent link: https://www.econbiz.de/10005361032
sectors. ; In this article, the authors analyze the sources of U.S. labor productivity growth in the post-1995 period and … present projections for both output and labor productivity growth for the next decade. Despite the 2001 downward revisions to … U.S. gross domestic product and software investment, the authors show that information technology (IT) played a …
Persistent link: https://www.econbiz.de/10005361071
have funded increased productivity that has helped to accelerate U.S. economic growth. This success has spawned an interest …
Persistent link: https://www.econbiz.de/10005361081
Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence that many analysts … linked to developments in information technology (IT). However, shortly after this consensus emerged, demand for IT products … fell sharply, leading to a debate about the connection between IT and productivity and about the sustainability of the …
Persistent link: https://www.econbiz.de/10005361129
of technology is embodied in the capital stock. Classic papers from the late 1950's and 1960's show that non …-optimization models display the same asymptotic growth rates whether technology is embodied (vintage capital) or disembodied. This paper …
Persistent link: https://www.econbiz.de/10005368406
Persistent link: https://www.econbiz.de/10005368592
Persistent link: https://www.econbiz.de/10005368749
Economists have long debated the best way to explain the sources of productivity growth. Neoclassical theory and "new …, and research and development efforts—as a critical source of productivity growth, but they differ in fundamental ways … differences, both theories help explain productivity growth. The methodological tools of the neoclassical economists allow one to …
Persistent link: https://www.econbiz.de/10005372950
address these questions we apply a model that incorporates endowments, technology and increasing returns to scale (IRS …
Persistent link: https://www.econbiz.de/10005207118