Information Technology and the World Growth Resurgence
Dale Jorgenson and
Vu Khuong
Additional contact information
Vu Khuong: National University of Singapore,Lower Kent Ridge Rd, Singapore
German Economic Review, 2007, vol. 8, issue 2, 125-145
Abstract:
This paper analyzes the impact of investment in information technology (IT) on the recent resurgence of world economic growth. We describe the growth of the world economy, seven regions, and 14 major economies during the period 1989-2004. We allocate the growth of world output between input growth and productivity and find, surprisingly, that input growth greatly predominates! Moreover, differences in per capita output levels are explained by differences in per capita input, rather than variations in productivity. The contributions of IT investment have increased in all regions, but especially in industrialized economies and Developing Asia.
Keywords: Growth; investment; productivity; information technology (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
https://doi.org/10.1111/j.1468-0475.2007.00401.x (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.
Related works:
Journal Article: Information Technology and the World Growth Resurgence (2007) 
Working Paper: Information Technology and The World Growth Resurgence (2006) 
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: https://EconPapers.repec.org/RePEc:bpj:germec:v:8:y:2007:i:2:p:125-145
Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/ger/html
DOI: 10.1111/j.1468-0475.2007.00401.x
Access Statistics for this article
German Economic Review is currently edited by Peter Egger, Almut Balleer, Jesus Crespo-Cuaresma, Mario Larch, Aderonke Osikominu and Georg Wamser
More articles in German Economic Review from De Gruyter
Bibliographic data for series maintained by Peter Golla ().