Information Technology Productivity And Economic Growth
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Information Technology, Productivity, and Economic Growth by Matti Pohjola Pdf
The contributors to this volume argue that investment in infrastructure, physical capital, and education is the key to economic development, providing that the IT content of these investments is high.
Information and communication technologies (ICTs) create potentials for considerable productivity gains and for higher economic growth. However, ICTs also pose varied challenges to firms in order to benefit from these potentials. Highlighting the importance of innovations, firm-sponsored training, and recruitment of high-skilled workers, this monograph analyses why and to what extent firms differ in their capabilities to make ICT work productively. The work also comprises a detailed discussion of economic theory concerning ICT use and complementary firm strategies. In addition it provides a comprehensive treatment of various methodological issues concerning the measurement of firm-level productivity in econometric analyses.
World Institute for Development Economics Research,Suomen itsenäisyyden juhlarahasto
Author : World Institute for Development Economics Research,Suomen itsenäisyyden juhlarahasto Publisher : Unknown Page : 128 pages File Size : 46,8 Mb Release : 2001 Category : Economic development ISBN : OCLC:774514383
Information Technology, Productivity, and Economic Growth by World Institute for Development Economics Research,Suomen itsenäisyyden juhlarahasto Pdf
The contributors to this volume argue that investment in infrastructure, physical capital, and education is the key to economic development, providing that the IT content of these investments is high
Knowledge Economy, Information Technologies and Growth by Luigi Paganetto Pdf
This volume focuses on the Information and Communication (ICT) revolution and its impact on economic growth. Even though the emergence of the knowledge economy is at the center of attention by media and is often a subject of economic policy debate, economic research on the issue is still relatively underdeveloped and many aspects of it are still awaiting proper theoretical and empirical scrutiny. One important question is whether, as many economists and opinion leaders maintain the knowledge economy and the new information technologies have fostered the birth of a 'new economy' which by inducing a strong productivity growth in most sectors, is behind the impressive growth of GDP experienced by the US economy. Empirical research has in fact been unable to provide a conclusive answer to this question. This book debates this issue and provides the opportunity to discuss the economic and social effects of the ICT revolution. It also focuses on the functioning and the micro-economic structure of the ICT sector, as well as on its impact on various industries, on the financial system and on the labor market. It analyses the role of the ICT revolution on regional development and it addresses important policy issues such as its consequences for antitrust legislation and government regulation.
A New Economy? The Changing Role of Innovation and Information Technology in Growth by OECD Pdf
What is driving recent growth in OECD countries? This study shows that success requires not some silver bullet, but a range of complementary factors that support the innovation-intensive growth exemplified by new information and communication technologies like the Internet and Internet applications.
Productivity: Information technology and the American growth resurgence by Dale Weldeau Jorgenson,Mun S. Ho,Kevin J. Stiroh Pdf
A study of information technology and economic growth since 1995 that tracks the American growth resurgence to its sources within individual industries. The American economy has experienced renewed growth since 1995, with this surge rooted in the development and deployment of information technology (IT). This book traces the American growth resurgence to its sources within individual industries, documents the critical role of IT, and shows how U.S. nvestment in IT has important parallels in other developed countries.In analyzing the experience in the United States, the authors identify four IT-producing industries, 17 IT-using industries, and 23 non-IT industries and show that the IT-producing and IT-using industries play a disproportionate role in the American growth resurgence. These industries account for only about 30 percent of US GDP but contributed half of the acceleration in economic growth. The study finds that differences in the relative importance of IT-producing industries in other G7 countries have contributed to wide disparities in the impact of IT on economic growth. Productivity, Volume 3 will be of special interest to analysts of the "new economy" and its remarkable persistence through periods of boom and recession.
The Economics of Productivity by Dale Weldeau Jorgenson Pdf
The remarkable behavior of information technology prices provides the key to the resurgence of productivity growth in the USA and the world economy. This title presents the contemporary framework for productivity measurement that focuses on the impact of information technology on economic growth.
Wired for Innovation by Erik Brynjolfsson,Adam Saunders Pdf
Two experts on the information economy explore the true economic value of technology and innovation. A wave of business innovation is driving the productivity resurgence in the U.S. economy. In Wired for Innovation, Erik Brynjolfsson and Adam Saunders describe how information technology directly or indirectly created this productivity explosion, reversing decades of slow growth. They argue that the companies with the highest level of returns to their technology investment are doing more than just buying technology; they are inventing new forms of organizational capital to become digital organizations. These innovations include a cluster of organizational and business-process changes, including broader sharing of information, decentralized decision-making, linking pay and promotions to performance, pruning of non-core products and processes, and greater investments in training and education. Innovation continues through booms and busts. This book provides an essential guide for policy makers and economists who need to understand how information technology is transforming the economy and how it will create value in the coming decade.
Information Technology and Economic Development by Kurihara, Yutaka,Takaya, Sadayoshi,Harui, Hisashi,Kamae, Hiroshi Pdf
Examines the impact IT has on politics, education, sociology, and technology. Focuses on the benefits of IT for developing countries, whose problems must be solved, and obstacles overcome in order to further IT advancement.
Productivity: International comparisons of economic growth by Dale Weldeau Jorgenson Pdf
These two volumes present empirical studies that have permanently altered professional debates over investment and productivity as sources of postwar economic growth in industrialized countries. The distinctive feature of investment is that returns can be internalized by the investor. The most straightforward application of this idea is to investments that create property rights, but these volumes broaden the meaning of capital formation to include investments in education and training. International Comparisons of Economic Growth focuses on comparisons among industrialized countries. Although Germany and Japan are often portrayed as economic adversaries of the U.S., postwar experiences in all three countries support policies that give high priority to stimulating and rewarding capital formation. In the Asian model of growth exemplified by Japan investments in tangible assets and human capital are especially critical during periods of rapid growth.
National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on Measuring and Sustaining the New Economy
Author : National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on Measuring and Sustaining the New Economy Publisher : National Academies Press Page : 164 pages File Size : 47,8 Mb Release : 2007-01-19 Category : Political Science ISBN : 9780309179218
Enhancing Productivity Growth in the Information Age by National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on Measuring and Sustaining the New Economy Pdf
This report summarizes a workshopâ€"Strengthening Science-Based Decision-Making: Implementing the Stockholm Convention on Persistent Organic Pollutants held June 7-10, 2004, in Beijing, China. The presentations and discussions summarized here describe the types of scientific information necessary to make informed decisions to eliminate the production and use of Persistent Organic Pollutants (POPs) banned under the Stockholm Convention, sources of information; scientifically informed strategies for eliminating POPs, elements of good scientific advice, such as transparency, peer review, and disclosure of conflicts of interest; and information dealing with POPs that decision makers need from the scientific community, including next steps to make such science available and ensure its use on a continuing basis.
Organisation for Economic Co-operation and Development
Author : Organisation for Economic Co-operation and Development Publisher : Organisation for Economic Co-operation and Development ; Washington, D.C. : OECD Publication and Information Center Page : 600 pages File Size : 55,5 Mb Release : 1991 Category : Capital productivity ISBN : UCSD:31822007625619
Information Technology and Productivity Growth in Asia by Mr.Yougesh Khatri,Mr.Il Houng Lee Pdf
The contribution of the information and communication technology (ICT) sector to growth in Asian economies is clearly evident from the expenditure side (net exports) and became particularly significant in the second half of the 1990s. This paper employs an extension of the standard growth accounting framework, using estimates of stock of ICT capital (hardware, software, and telecommunications equipment), to estimate the direct contributions to growth. The contribution of ICT to growth in Asia during the 1990s is found to be mainly from capital deepening. Total factor productivity (TFP) is also decomposed (using the dual-or revenue-based-approach) into the contributions of non-ICT capital stock, ICT capital stock, and labor. TFP growth is found to be relatively small in most Asian countries.
Organizational Analysis of the Productivity Impacts of Information Technology by Angela Amor Pdf
Bachelor Thesis from the year 2013 in the subject Business economics - Business Management, Corporate Governance, grade: B, University of South Australia, language: English, abstract: Productivity is very important to any financial system due to its importance when it comes to assessing economic growth and it is recognized as the basis for economic success, an important prerequisite for the development of Nations and also as a crucial pointer of economic competitiveness in all organizations. It must be noted from the outset that this study will use that united states as an example and everything will be analysed in terms of the US Information Technology(IT) is one of the resources in an organization which helps in boosting financial growth. IT assists organizations to make good use of their input resources. Organizations that invest in IT need to know how their investments are going to pay off, considering that in the modern world, investment in IT is increasingly representing a major part of the capital investment in many organizations. Apart from this, discussions on whether IT does improve on the productivity and effectiveness of an organization has increasingly become a major part of the research arena. It is the view point of this research that IT is incapable of making any major differences in an organization unless it is used in conjunction with other corresponding investments in an organization such as human investment, and organizational reorganization. IT plays the role of a facilitator when it comes to the restructuring process of an organization which is also known as the Business Process Reengineering. BPR is also an important aspect of improving the effects of IT in the general performance of an organization. Besides, IT and BPR are capable of improving the productivity of an organization tremendously when combined.
