Raising the Speed Limit: U.S. Economic Growth in the Information Age
AbstractThis paper examines the underpinnings of the successful performance of the US economy in the late 1990s. Relative to the early 1990s, output growth has accelerated by nearly two percentage points. We attribute this to rapid capital accumulation, a surge in hours worked, and faster growth of total factor productivity. The acceleration of productivity growth, driven by information technology, is the most remarkable feature of the US growth resurgence. We consider the implications of these developments for the future growth of the US economy ... Ce document examine les facteurs qui ont contribuÃ©s aux trÃ¨s bonnes performances de lâÃ©conomie amÃ©ricaine Ã la fin des annÃ©es 90. Par rapport au dÃ©but des annÃ©es 90, le taux de croissance a augmentÃ© de prÃ¨s de deux points de pourcentage. Nous attribuons ceci Ã la croissance accrue du capital, une augmentation importante des heures travaillÃ©es et une croissance plus rapide de la productivitÃ© multifactorielle. Cette accÃ©lÃ©ration de la croissance de la productivitÃ©, poussÃ©e par les technologies de lâinformation, est lâaspect le plus remarquable de la remontÃ©e de la croissance amÃ©ricaine. Nous prenons en considÃ©ration les implications de ces dÃ©veloppements pour la croissance future de lâÃ©conomie amÃ©ricaine ...
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Economic Studies Program, The Brookings Institution in its journal Brookings Papers on Economic Activity.
Volume (Year): 31 (2000)
Issue (Month): 1 ()
Contact details of provider:
Postal: 1775 Massachusetts Ave NW, Washington DC 20036
Phone: (202) 797-6000
Fax: (202) 797-6004
Web page: http://www.brookings.edu/economics.aspx
More information through EDIRC
macroeconomics; U.S. economic growth; information age;
Other versions of this item:
- Dale W. Jorgenson & Kevin J. Stiroh, 2000. "Raising the Speed Limit: US Economic Growth in the Information Age," OECD Economics Department Working Papers, OECD Publishing 261, OECD Publishing.
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Eric Encarnacion).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.