Two Centuries of Productivity Growth in Computing
AbstractThe present study analyzes computer performance over the last century and a half. Three results stand out. First, there has been a phenomenal increase in computer power over the twentieth century. Depending upon the standard used, computer performance has improved since manual computing by a factor between 1.7 trillion and 76 trillion. Second, there was a major break in the trend around World War II. Third, this study develops estimates of the growth in computer power relying on performance rather than components; the price declines using performance-based measures are markedly larger than those reported in the official statistics.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal The Journal of Economic History.
Volume (Year): 67 (2007)
Issue (Month): 01 (March)
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