Mogens Dilling-Hansen (School of Business Administration, University of Aarhus) Erik Strøjer Madsen (The Aarhus School of Business) Valdemar Smith (The Aarhus School of Business)
Additional information is available for the following
registered author(s):
The rapid and continuous growth in the US in the 1990s and the simultaneous boom in the IT industry created the concept "The New Economy". What connects the two phenomena is that the IT industry alone is considered productive, and increased productivity in other industries, as a result of increased IT use, has brought focus on the IT industry as a catalyst for growth.The Danish Ministry of Finance (2001) points out general increased productivity in Denmark at macro level and this increase is said to be a result of increased IT use. The question is, however, if the influence of IT investments really can be verified. The strongest evidence would be to show that this relationship exists at micro level. The purpose of this article is to investigate whether it is possible to detect increased productivity in the late 1990s, using data from Danish industries for the first time.The result of this analysis shows increased productivity in the IT industry starting in 1993. IT in production counts for increased but stagnated growth, whereas IT in the service industries has seen rapidly increasing productivity.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. 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.
Publisher Info
Paper provided by University of Copenhagen. Department of Economics. Centre for Industrial Economics in its series CIE Discussion Papers with number
2002-10.
Find related papers by JEL classification: D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms L80 - Industrial Organization - - Industry Studies: Services - - - General
This paper has been announced in the following NEP Reports:
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.: