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Particulars of US Information Technology and productivity: lessons for Europe

Author

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  • Abel Adekola
  • Bruno S. Sergi

Abstract

There is ample evidence that investment in Information Technology (IT) boosted labour markets productivity in the USA. In fact, conspicuous flows of investment in this sector enabled the US firms to record high rates of productivity growth and to boost up the country's economic growth to very high rates. The US experience that took place during the second part of the 1990s was not echoed in Europe owing to the fact that European firms have not adopted forward-looking investment decisions on this sector. Besides divergence in investment decisions, it is possible to observe that divergence in productive growth outcomes between the US and European firms have been as a result of different managerial organisations.

Suggested Citation

  • Abel Adekola & Bruno S. Sergi, 2008. "Particulars of US Information Technology and productivity: lessons for Europe," International Journal of Trade and Global Markets, Inderscience Enterprises Ltd, vol. 1(2), pages 128-143.
  • Handle: RePEc:ids:ijtrgm:v:1:y:2008:i:2:p:128-143
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    Cited by:

    1. Ayesha Afzal & Saba Fazal Firdousi & Ayma Waqar & Minahil Awais, 2022. "The Influence of Internet Penetration on Poverty and Income Inequality," SAGE Open, , vol. 12(3), pages 21582440221, August.

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