ICT-specific technological change and productivity growth in the US 1980-2004

Diego Martínez, Jesús Rodríguez-López () and Jose Torres ()

No 2008-4, Working Papers from Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center

Abstract: This paper studies the impact of the information and communication technologies (ICT) on U.S. economic growth using a dynamic general equilibrium approach. We use a production function with six different capital inputs, three of them corresponding to ICT assets and other three to non-ICT assets. We find that the technological change mbedded in hardware equipment is the main leading non-neutral force of the U.S. roductivity growth and accounts for about one quarter of it during the period 1980-2004. As a whole, ICT-specific technological change accounts for about 35% of total labor productivity growth.

Keywords: New economy; information and communications technologies; specific-technological change; neutral-technological change (search for similar items in EconPapers)
JEL-codes: E22 O30 O40 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2008-03
New Economics Papers: this item is included in nep-dge, nep-eff, nep-ict and nep-mac
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https://theeconomics.uma.es/malagawpseries/Papers/METCwp2008-4.pdf First version, 2008 (application/pdf)

Related works:
Journal Article: ICT-specific technological change and productivity growth in the US: 1980-2004 (2010)
Working Paper: ICT-specific technological change and productivity growth in the US 1980-2004 (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:mal:wpaper:2008-4

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