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

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

Information Economics and Policy, 2010, vol. 22, issue 2, 121-129

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

Keywords: New; economy; Information; and; communication; technologies; Specific; technological; change; Neutral; technological; change (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (24)

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Working Paper: ICT-specific technological change and productivity growth in the US 1980-2004 (2008)
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:eee:iepoli:v:22:y:2010:i:2:p:121-129

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