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Information Technology and Productivity: A Review of the Literature

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Author Info
Erik Brynjolfsson
Shinkyu Yang

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Abstract

In recent years, the relationship between information technology (IT) and productivity has become a source of debate. In the 1980s and early 1990s, empirical research generally did not significant productivity improvements associated with IT investments. More recently, as new data are identified and new methodologies are applied, several researchers have found evidence that IT is associated not only with improvements in productivity, but also in intermediate measures, consumer surplus, and economic growth. Nonetheless, new questions emerge even as old puzzles fade. This survey reviews the literature, identifies remaining questions, and concludes with recommendations for applications of traditional methodologies to new data sources, as well as alternative, broader metrics of welfare to assess and enhance the benefits of IT.

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File URL: http://ccs.mit.edu/papers/CCSWP202
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Paper provided by MIT Center for Coordination Science in its series Working Paper Series with number 202.

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Date of creation: Sep 1997
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Handle: RePEc:wop:mitccs:202

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  1. Dale W. Jorgenson, 2001. "Information Technology and the U.S. Economy," American Economic Review, American Economic Association, vol. 91(1), pages 1-32, March. [Downloadable!] (restricted)
  2. Dale W. Jorgenson & Kevin J. Stiroh, 1999. "Information Technology and Growth," American Economic Review, American Economic Association, vol. 89(2), pages 109-115, May. [Downloadable!] (restricted)
  3. José Alberto Bayo-Moriones & Gilberto Carvalho-Vasconcelos & Fernando Lera-López, 2005. "A firm-level analysis of differences between adopters and non-adopters of ICT," ERSA conference papers ersa05p645, European Regional Science Association. [Downloadable!]
  4. Kevin J. Stiroh, 2001. "Information technology and the U.S. productivity revival: what do the industry data say?," Staff Reports 115, Federal Reserve Bank of New York. [Downloadable!]
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  5. Dunne, Timothy & Foster, Lucia & Haltiwanger, John & Troske, Kenneth R., 2002. "Wage and Productivity Dispersion in U.S. Manufacturing: The Role of Computer Investment," IZA Discussion Papers 563, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  6. Barbara K Atrostic & John Gates & Ron Jarmin, 2000. "Measuring the Electronic Economy: Current Status and Next Steps," Working Papers 00-10, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
  7. Kevin J. Stiroh, 2001. "Is IT Driving the U.S. Productivity Revival?," International Productivity Monitor, Centre for the Study of Living Standards, vol. 2, pages 31-36, Spring. [Downloadable!]
  8. Fred V. Carstensen & William F. Lott & Stan McMillen, 2003. "The Economic Impact of Connecticut's Information Technology Industry," CCEA Studies 2003-02, University of Connecticut, Connecticut Center for Economic Analysis. [Downloadable!]
  9. Brynjolfsson, Erik & Hitt, Lorin M., 2004. "Computing Productivity: Firm-Level Evidence," Working papers 4210-01, Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
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  10. Horst Siebert, 2000. "The New Economy — What Is Really New?," Kiel Working Papers 1000, Kiel Institute for the World Economy. [Downloadable!]
  11. Even Caroli & John Van Reenen, 1999. "Organization, skill and technology: evidence from a panel of British and French establishments," IFS Working Papers W99/23, Institute for Fiscal Studies.
  12. Johannes Traxler, 1998. "The Internet, industrial location, and geographic markets," ERSA conference papers ersa98p345, European Regional Science Association. [Downloadable!]
  13. Jacques Mairesse & Nathalie Greenan & Agnes Topiol-Bensaid, 2001. "Information Technology and Research and Development Impacts on Productivity and Skills: Looking for Correlations on French Firm Level Data," NBER Working Papers 8075, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  14. Kiyohiko G. Nishimura & Kazunori Minetaki & Masato Shirai & Futoshi Kurokawa, 2002. "Effects of Information Technology and Aging Work Force on Labor Demand and Technological Progress in Japanese Industries: 1980-1998," CIRJE F-Series CIRJE-F-145, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
  15. Argandoña, Antonio, 2001. "Nueva economía y el crecimiento económico, La," IESE Research Papers D/437, IESE Business School. [Downloadable!]
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