During the four years 1995-99 U. S. productivity growth experienced a strong revival and achieved growth rates exceeding that of the golden age' of 1913-72. Accordingly many observers have declared the New Economy' (the Internet and the accompanying acceleration of technical change in computers...

Front Matter -- Contents -- Preface -- Executive Summary -- Introduction 1 -- Introduction 2 -- Welcome to the New Economy -- Defining and Measuring the New Economy -- Drivers of the New Economy -- Communications and Software -- Applications and Policy Issues -- Roundtable Discussion -- Appendix...

FrontMatter -- Contents -- Preface -- I INTRODUCTION -- Software and the New Economy -- II PROCEEDINGS -- Introduction--Dale W. Jorgenson -- The Economics of Software--William J. Raduchel -- Panel I - The Role of Software - What Does Software Do? -- Panel II - How Do We Make Software and Why Is...

FrontMatter -- Contents -- Preface -- List of Acronyms -- Overview of the Findings and Recommendations -- I INTRODUCTION -- The Emergence of the New Economy--Dale W. Jorgenson -- II FINDINGS AND RECOMMENDATIONS -- Findings and Recommendations -- III SUMMARY OF THE NRC CONFERENCES ON THE NEW...

Der Sektor der Informations- und Kommunikationstechnologie, der binnen einer Dekade seinen Anteil an der Wertschöpfung in Deutschland verdoppelt hat, ist ein wichtiger Impulsgeber für Innovations- und Wachstumsprozesse. Die in Deutschland beobachtbare Wachstumsverlangsamung stellt kein...

The paper offers some reflections on the convergence of productivity in the United States and Europe, which essentially stopped in the 1990s. It argues that the barriers preventing further convergence in the early 1990s were removed subsequently. But since then trends in productivity growth have...