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The acceleration in U.S. total productivity after 1995: the role of information technology Author info | Abstract | Publisher info | Download info | Related research | Statistics John Fernald
Shanthi Ramnath
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Under standard conditions, total factor productivity (TFP) growth measures the pace of innovation or technological change in the economy. This article focuses on the period since the mid-1990s, when TFP accelerated. The authors find that most of the acceleration is accounted for by industries that use, rather than sectors that produce, information technology.
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Article provided by Federal Reserve Bank of Chicago in its journal Economic Perspectives .
Volume (Year): (2004)
Issue (Month): Q I ()
Pages: 52-67
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Handle: RePEc:fip:fedhep:y:2004:i:qi:p:52-67:n:v.28no.1Contact details of provider: Postal: P.O. Box 834, 230 South LaSalle Street, Chicago, Illinois 60690-0834 Phone: 312/322-5111 Fax: 312/322-5515 Email: Web page: http://www.chicagofed.org/ More information through EDIRC
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Keywords: Productivity ; Information technology ; Labor productivity ; Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Susanto Basu & John G. Fernald & Nicholas Oulton & Sylaja Srinivasan, 2003.
"The case of the missing productivity growth: or, does information technology explain why productivity accelerated in the United States but not the United Kingdom? ,"
Working Paper Series
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Susanto Basu & John G. Fernald & Nicholas Oulton & Sylaja Srinivasan, 2003.
"The Case of the Missing Productivity Growth: Or, Does Information Technology Explain why Productivity Accelerated in the US but not the UK? ,"
NBER Working Papers
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Bart Hobijn & Boyan Jovanovic, 2001.
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Other versions: Stephen D. Oliner & Daniel E. Sichel, 2002.
"Information technology and productivity: where are we now and where are we going? ,"
Economic Review ,
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Other versions:
Stephen D. Oliner & Daniel E. Sichel, 2002.
"Information technology and productivity: where are we now and where are we going? ,"
Finance and Economics Discussion Series
2002-29, Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!] Oliner, Stephen D. & Sichel, Daniel E., 2003.
"Information technology and productivity: where are we now and where are we going? ,"
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"General Purpose Technologies and Surges in Productivity: Historical Reflections on the Future of the ICT Revolution ,"
Oxford University Economic and Social History Series
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Other versions: Stiroh, Kevin J, 2002.
"Are ICT Spillovers Driving the New Economy? ,"
Review of Income and Wealth ,
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Greenwood, Jeremy & Hercowitz, Zvi & Krusell, Per, 1997.
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Greenwood, J. & Hercowitz, Z. & Krusell, P., 1996.
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NBER Working Papers
8243, National Bureau of Economic Research, Inc.
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Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Schiffbauer, Marc, 2008.
"Catching Up or Falling Behind? The Effect of Infrastructure Capital on Technology Adoption in Transition Economies ,"
Papers
DYNREG27, Economic and Social Research Institute (ESRI).
[Downloadable!]
Loreto Lira & Magdalena Ugarte & Rodrigo Vergara., 2008.
"Prices and Market Structure: An Empirical Analysis of the Supermarket Industry in Chile ,"
Documentos de Trabajo
346, Instituto de EconomÃa. Pontificia Universidad Católica de Chile..
[Downloadable!]
Schiffbauer, Marc, 2007.
"Calling for innovations - infrastructure and sources of growth ,"
Papers
DYNREG18, Economic and Social Research Institute (ESRI).
[Downloadable!]
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