Please use this identifier to cite or link to this item: https://doi.org/10.1111/j.1468-0475.2007.00401.x
Title: Information technology and the world growth resurgence
Authors: Jorgenson, D.W.
Vu, K. 
Keywords: Growth
Information technology
Investment
Productivity
Issue Date: May-2007
Citation: Jorgenson, D.W., Vu, K. (2007-05). Information technology and the world growth resurgence. German Economic Review 8 (2) : 125-145. ScholarBank@NUS Repository. https://doi.org/10.1111/j.1468-0475.2007.00401.x
Abstract: This paper analyzes the impact of investment in information technology (IT) on the recent resurgence of world economic growth. We describe the growth of the world economy, seven regions, and 14 major economies during the period 1989-2004. We allocate the growth of world output between input growth and productivity and find, surprisingly, that input growth greatly predominates! Moreover, differences in per capita output levels are explained by differences in per capita input, rather than variations in productivity. The contributions of IT investment have increased in all regions, but especially in industrialized economies and Developing Asia. © Verein für Socialpolitik and Blackwell Publishing Ltd. 2007.
Source Title: German Economic Review
URI: http://scholarbank.nus.edu.sg/handle/10635/132497
ISSN: 14656485
DOI: 10.1111/j.1468-0475.2007.00401.x
Appears in Collections:Staff Publications

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