Is the New Economy Wearing Out?

Dean Baker

Challenge, 2002, vol. 45, issue 1, pages 117-121

Abstract: The economy certainly boomed in the late 1990s. But much of the expansion was based on computers and software that either wear out or become obsolete much more quickly than did traditional capital investment in the past. The rise in a nation's standard of living, however, depends on spending after allowance for such deterioration—which is usually an expense for business. This economist analyzes how well the United States really did.

Date: 2002
View citations in EconPapers

Downloads: (external link)
http://mesharpe.metapress.com/link.asp?target=contribution&id=15JT9GN4WFK6DD2M (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:mes:challe:v:45:y:2002:i:1:p:117-121

Access Statistics for this article

More articles in Challenge from M.E. Sharpe, Inc.
Series data maintained by Christopher F. Baum ().