In spite of the recent recession, hopes for the New Economy have been little daunted. Surprisingly robust productivity growth during the recent downturn provides compelling new evidence that something truly fundamental is going on. This Commentary argues that advances in information technology, and their diffusion through the economy, justify our optimism. Higher productivity growth is not an ephemeral phenomenon but one likely to persist for some time into the future, perhaps even accelerating further.Economic conditions - United States ; Labor productivity
This paper analyzes the sources of U.S. labor productivity growth in the post-1995 period and presen...
T here is little doubt that we are witnessing a technological revolution.The question is, does this ...
This paper generates new industry-level data to examine the sources of the U.S. economic resurgence ...
Strong productivity growth is essential for improving living standards and can have an important imp...
Technological innovation -- especially in information technology -- seems to be advancing faster tha...
In the 1990s, conventional measures of productivity growth, or the growth in output per worker, have...
This paper analyzes the sources of recent U.S. productivity growth using both aggregate and industry...
[Excerpt] The paper also explores the reasons for the productivity acceleration and concludes that i...
Recent literature has expressed considerable pessimism about the prospects for both productivity and...
Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence tha...
The causes of the productivity growth slowdown of the 1970s remain mysterious. By contrast, nearly a...
Information technology fueled a surge in U.S. productivity growth in the late 1990s and early 2000s....
Productivity paradox refers to a situation when investment in information technology is inversely re...
Over the past 15 years, productivity growth in advanced economies has significantly slowed, giving r...
Labor productivity growth is generally acknowledged to be procyclical. The author reviews the leadin...
This paper analyzes the sources of U.S. labor productivity growth in the post-1995 period and presen...
T here is little doubt that we are witnessing a technological revolution.The question is, does this ...
This paper generates new industry-level data to examine the sources of the U.S. economic resurgence ...
Strong productivity growth is essential for improving living standards and can have an important imp...
Technological innovation -- especially in information technology -- seems to be advancing faster tha...
In the 1990s, conventional measures of productivity growth, or the growth in output per worker, have...
This paper analyzes the sources of recent U.S. productivity growth using both aggregate and industry...
[Excerpt] The paper also explores the reasons for the productivity acceleration and concludes that i...
Recent literature has expressed considerable pessimism about the prospects for both productivity and...
Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence tha...
The causes of the productivity growth slowdown of the 1970s remain mysterious. By contrast, nearly a...
Information technology fueled a surge in U.S. productivity growth in the late 1990s and early 2000s....
Productivity paradox refers to a situation when investment in information technology is inversely re...
Over the past 15 years, productivity growth in advanced economies has significantly slowed, giving r...
Labor productivity growth is generally acknowledged to be procyclical. The author reviews the leadin...
This paper analyzes the sources of U.S. labor productivity growth in the post-1995 period and presen...
T here is little doubt that we are witnessing a technological revolution.The question is, does this ...
This paper generates new industry-level data to examine the sources of the U.S. economic resurgence ...