Productivity Information Technology And The American Growth Resurgence

Author : Dale Weldeau Jorgenson,Mun S. Ho,Kevin J. Stiroh
Publisher : Mit Press
Page : 480 pages
File Size : 44,8 Mb
Release : 1995
Category : Business & Economics
ISBN : STANFORD:36105114220234

Get Book

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.

Author : Dale Weldeau Jorgenson
Publisher : MIT Press
Page : 516 pages
File Size : 53,6 Mb
Release : 1995
Category : Business & Economics
ISBN : 0262100509

Get Book

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.

Author : Dale Weldeau Jorgenson,Lawrence J. Lau
Publisher : Unknown
Page : 494 pages
File Size : 53,7 Mb
Release : 2002
Category : Business & Economics
ISBN : 0262276402

Get Book

Econometrics by Dale Weldeau Jorgenson,Lawrence J. Lau Pdf

The relentless decline in the prices of information technology (IT) has steadily enhanced the role of IT investment as a source of economic growth in the United States. Productivity growth in IT-producing industries has gradually risen in importance, and a productivity revival has taken place in the rest of the economy. In this book Dale Jorgenson shows that IT provides the foundation for the resurgence of American economic growth. Information technology rests in turn on the development and deployment of semiconductors--transistors, storage devices, and microprocessors. The semiconductor and IT industries are global in scope, with an elaborate international division of labor. This poses important questions about the American growth resurgence. For example, where is the evidence of the "new economy" in other leading industrialized nations? To address this question, Jorgenson compares the recent growth performance in the G7 countries--Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. Several important participants in the IT industries, such as South Korea, Malaysia, Singapore, and Taiwan, are newly industrializing economies. What does this portend for the future economic growth of developing countries? Jorgenson analyzes past and future growth trends in China and Taiwan to arrive at a fuller understanding of economic growth in the information age.

Author : Erik Brynjolfsson,Adam Saunders
Publisher : MIT Press
Page : 175 pages
File Size : 41,9 Mb
Release : 2013-02-08
Category : Business & Economics
ISBN : 9780262518611

Get Book

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.

Author : Dale Weldeau Jorgenson
Publisher : Edward Elgar Publishing
Page : 808 pages
File Size : 52,8 Mb
Release : 2009
Category : Economic development
ISBN : STANFORD:36105215493169

Get Book

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.

Author : Dale W. Jorgenson,Kyoji Fukao,Marcel P. Timmer
Publisher : Cambridge University Press
Page : 597 pages
File Size : 51,8 Mb
Release : 2016-11-24
Category : Business & Economics
ISBN : 9781107143340

Get Book

The World Economy by Dale W. Jorgenson,Kyoji Fukao,Marcel P. Timmer Pdf

The first long-term analysis of the process of structural change and productivity growth in Asia, Europe, Latin America and the USA.

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 : 40,8 Mb
Release : 2007-02-19
Category : Political Science
ISBN : 9780309102209

Get Book

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.

Author : National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on Measuring and Sustaining the New Economy,Committee on Software, Growth, and the Future of the U.S Economy
Publisher : National Academies Press
Page : 226 pages
File Size : 48,6 Mb
Release : 2006-04-06
Category : Political Science
ISBN : 9780309180207

Get Book

Software, Growth, and the Future of the U.S Economy by National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on Measuring and Sustaining the New Economy,Committee on Software, Growth, and the Future of the U.S Economy Pdf

Starting in the mid 1990s, the United States economy experienced an unprecedented upsurge in economic productivity. Rapid technological change in communications, computing, and information management continue to promise further gains in productivity, a phenomenon often referred to as the New Economy. To better understand this phenomenon, the National Academies Board on Science, Technology, and Economic Policy (STEP) has convened a series of workshops and commissioned papers on Measuring and Sustaining the New Economy. This major workshop, entitled Software, Growth, and the Future of the U.S. Economy, convened academic experts and industry representatives from leading companies such as Google and General Motors to participate in a high-level discussion of the role of software and its importance to U.S. productivity growth; how software is made and why it is unique; the measurement of software in national and business accounts; the implications of the movement of the U.S. software industry offshore; and related policy issues.

Author : National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on Measuring and Sustaining the New Economy,Committee on Software, Growth, and the Future of the U.S Economy
Publisher : National Academies Press
Page : 226 pages
File Size : 47,9 Mb
Release : 2006-05-06
Category : Political Science
ISBN : 9780309099509

Get Book

Software, Growth, and the Future of the U.S Economy by National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on Measuring and Sustaining the New Economy,Committee on Software, Growth, and the Future of the U.S Economy Pdf

Starting in the mid 1990s, the United States economy experienced an unprecedented upsurge in economic productivity. Rapid technological change in communications, computing, and information management continue to promise further gains in productivity, a phenomenon often referred to as the New Economy. To better understand this phenomenon, the National Academies Board on Science, Technology, and Economic Policy (STEP) has convened a series of workshops and commissioned papers on Measuring and Sustaining the New Economy. This major workshop, entitled Software, Growth, and the Future of the U.S. Economy, convened academic experts and industry representatives from leading companies such as Google and General Motors to participate in a high-level discussion of the role of software and its importance to U.S. productivity growth; how software is made and why it is unique; the measurement of software in national and business accounts; the implications of the movement of the U.S. software industry offshore; and related policy issues.

Author : David M. Burke,Stephen D. Oliner,Daniel E. Sichel
Publisher : Unknown
Page : 50 pages
File Size : 41,7 Mb
Release : 2013-07-11
Category : Electronic
ISBN : 1457846802

Get Book

Is the Information Technology Revolution Over? by David M. Burke,Stephen D. Oliner,Daniel E. Sichel Pdf

Given the slowdown in labor productivity growth in the mid-2000s, some have argued that the boost to labor productivity from info. tech. (IT) may have run its course. This study shows that since 2004, IT has continued to make a significant contribution to labor productivity growth in the U.S., though it is no longer providing the boost it did during the productivity resurgence from 1995 to 2004. Second, it presents evidence that semiconductor technology, a key ingredient of the IT revolution, has continued to advance at a rapid pace. Finally, the authors develop projections of growth in trend labor productivity in the nonfarm business sector. The baseline projection of about 13⁄4 percent a year is better than recent history but is still below the long-run average of 21⁄4 percent. However, they see a reasonable prospect that the pace of labor productivity growth could rise back up to or exceed the long-run average. Tables and figures. This is a print on demand report.

Author : OECD,Centre for the Study of Living Standards
Publisher : OECD Publishing
Page : 222 pages
File Size : 55,9 Mb
Release : 2017-07-17
Category : Electronic
ISBN : 9789264279179

Get Book

International Productivity Monitor by OECD,Centre for the Study of Living Standards Pdf

The 32nd issue of the International Productivity Monitor is a special issue produced in collaboration with the OECD. All articles published in this issue were selected from papers presented at the First Annual Conference of the OECD Global Forum on Productivity held in Lisbon, Portugal, July ...

Author : Dale Weldeau Jorgenson
Publisher : Unknown
Page : 480 pages
File Size : 51,8 Mb
Release : 1995
Category : Capital investments
ISBN : UOM:39015062843977

Get Book

Productivity: Information technology and the American growth resurgence by Dale Weldeau Jorgenson Pdf

Author : Matti A. Pohjola
Publisher : Unknown
Page : 128 pages
File Size : 43,9 Mb
Release : 2011
Category : Electronic
ISBN : OCLC:1120637378

Get Book

Information Technology, Productivity, and Economic Growth by Matti A. Pohjola Pdf

Author : Barbara Fraumeni
Publisher : Academic Press
Page : 554 pages
File Size : 43,5 Mb
Release : 2019-10-18
Category : Electronic
ISBN : 9780128175965

Get Book

Measuring Economic Growth and Productivity by Barbara Fraumeni Pdf

Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions presents new insights into the causes, mechanisms and results of growth in national and regional accounts. It demonstrates the versatility and usefulness of the KLEMS databases, which generate internationally comparable industry-level data on outputs, inputs and productivity. By rethinking economic development beyond existing measurements, the book's contributors align the measurement of growth and productivity to contemporary global challenges, addressing the need for measurements as well as the Gross Domestic Product. All contributors in this foundational volume are recognized experts in their fields, all inspired by the path-breaking research of Dale W. Jorgenson. Demonstrates how an approach based on sources of economic growth (KLEMS - capital, labor, energy, materials and services) can be used to analyze economic growth and productivity Includes examples covering the G7, E7, EU, Latin America, Norway, China, Taiwan, Japan, Korea, India and other South Asian countries Examines the effects of digital, information, communication and integrated technologies on national and regional economies

Author : Charles R. Hulten,Valerie A. Ramey
Publisher : University of Chicago Press
Page : 528 pages
File Size : 48,6 Mb
Release : 2018-12-26
Category : Business & Economics
ISBN : 9780226567808

Get Book

Education, Skills, and Technical Change by Charles R. Hulten,Valerie A. Ramey Pdf

Over the past few decades, US business and industry have been transformed by the advances and redundancies produced by the knowledge economy. The workplace has changed, and much of the work differs from that performed by previous generations. Can human capital accumulation in the United States keep pace with the evolving demands placed on it, and how can the workforce of tomorrow acquire the skills and competencies that are most in demand? Education, Skills, and Technical Change explores various facets of these questions and provides an overview of educational attainment in the United States and the channels through which labor force skills and education affect GDP growth. Contributors to this volume focus on a range of educational and training institutions and bring new data to bear on how we understand the role of college and vocational education and the size and nature of the skills gap. This work links a range of research areas—such as growth accounting, skill development, higher education, and immigration—and also examines how well students are being prepared for the current and future world of work.