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Author:Litan, R. E.
Rivlin, A. M.
Title:Projecting the Economic Impact of the Internet
Journal:American Economic Review
2001 : MAY, VOL. 91:2, p. 313-317
Index terms:ECONOMIC CONDITIONS
INTERNET
INTRANET
Language:eng
Abstract:The authors focused on eight sectors, which collectively account for about 70 percent of the nation's GDP on a value-added basis: automobile manufacturing and sales, non-auto manufacturing, higher education and private- sector training, financial services, government, health care, retailing, and trucking. This paper summarizes the authors' key results. Some of the authors' findings may be necessarily speculative, but some of those in the high- tech community may be too conservative, especially given the relative infancy of the Internet, its growing penetration rate, and steadily increasing speed of access. The authors' quantifiable estimates refer only to projected cost savings from the networking of computers, either through the Internet or company intranets.
SCIMA record nr: 225741
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