It is well known that almost all of the largest economies in the world are already dominated by services. What may be less well known is that many are also evolving towards becoming information economies in the sense of both value added (GNP) and jobs. Of course, this evolution is less advanced...

Most of the large economies in the world are dominated by services, in that services compose more than 50% of their GDP. Even in India, where most of the employment (60%) is in agriculture, services contributed just over 60% of the GDP in 2005. An exception is China, where the industrial sector...

The process of economic evolution from agriculture to manufacturing to services is nearing its end in the U.S. and other developed economies. Another major evolution along a different dimension is now underway: it is from a material-based economy to an information-based economy. In the past, the...

This paper measures the size and structure of the U.S. information economy in 1992 and compares them with Marc Porat's measures for 1967[4]. It also examines the magnitude and growth of the information components of the service sector over the years. The results of this study highlight the...

This paper presents the results of our empirical research in measuring the size and structure of the US information economy in 1992 and 1997, and in assessing the growth experienced by different industries and sectors since Porat's research on the US information economy in 1967. The study...

The productivity gain that an industry experiences by engaging in B2B e-commerce gets transmitted to other industries through input-output linkages. This paper considers a multi-industry equilibrium model that explicitly incorporates input-output structure to examine the propagation of...