EconPapers    
Economics at your fingertips  
 

Economic Growth in the New Economy: Evidence from Advanced Economies

Jukka Jalava and Matti Pohjola ()

No DP2001-05, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: By definition, the 'New Economy' is an economy where business firms have learnt to take advantage of both the ICT revolution and the globalization of business activities in ways which improve productivity. First, by surveying recent research findings, this paper confirms that both the production and use of ICT have been the factors behind the improved economic performance of the United States in the 1990s. The benefits from ICT use are likely to have exceeded the benefits from ICT production. However, the evidence for the New Economy is much weaker outside the United States.

Keywords: Capital; Information technology; Productivity (search for similar items in EconPapers)
Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/dp2001-05.pdf (application/pdf)

Related works:
Journal Article: Economic growth in the New Economy: evidence from advanced economies (2002) Downloads
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:unu:wpaper:dp2001-05

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().

 
Page updated 2020-10-10
Handle: RePEc:unu:wpaper:dp2001-05