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

Diego Martínez, Jesús Rodríguez López () and Jose Torres ()
Additional contact information
Jesús Rodríguez López: Department of Economics, Universidad Pablo de Olavide
Authors registered in the RePEc Author Service: Jesús Rodríguez-López ()

No 08.05, Working Papers from Universidad Pablo de Olavide, Department of Economics

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 embedded in hardware equipment is the main leading non-neutral force of the U.S. productivity 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 communication 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: 21 pages
Date: 2008-03
New Economics Papers: this item is included in nep-dge, nep-eff and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.upo.es/serv/bib/wps/econ0805.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)
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:pab:wpaper:08.05

Access Statistics for this paper

More papers in Working Papers from Universidad Pablo de Olavide, Department of Economics Carretera de Utrera km.1, 41013 Sevilla. Contact information at EDIRC.
Bibliographic data for series maintained by Publicación Digital - UPO ().