| Author: | Stiroh, K. J. |
| Title: | Information technology and the U.S. productivity revival: What do the industry data say? |
| Journal: | American Economic Review
2002 : DEC, VOL. 92:5, p. 1559-1576 |
| Index terms: | GROWTH INFORMATION TECHNOLOGY PRODUCTIVITY USA |
| Language: | eng |
| Abstract: | Two of the defining characteristics of the U.S. economy in the late 1990's were faster labor productivity growth and strong investment in information technology (IT) assets. Why? Is there a link? A consensus is now energing from aggregate growth accounting studies that both the production and the use of IT have contributed substantially to the U.S. aggregate productivity revival in the late 1990's. This paper addresses the issue by moving beneath the aggregate data to examine the post-1995 productivity performance of the individual industries that either produce IT, us IT, or are relatively isolated from the IT revolution. |
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