Information Technology, Productivity, and Economic Growth: International Evidence and Implications for Economic Development
Information Technology, Productivity, and Economic Growth: International Evidence and Implications for Economic Development
Principal Academic Officer
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Abstract
The often-advocated view that the information technology revolution will change the world must stem from the basic premise that investment in IT has a visible impact on productivity and economic growth. But how can we measure this impact and how large is it? By surveying previous studies and by presenting new micro- and macroeconomic evidence, this collection of chapters shows that in recent years the use of IT in the production of goods and services has had a strong influence on productivity and economic growth in industrial and in newly industrialized countries. Yet developing countries seem neither to have invested in IT nor benefited from such investments to the same extent as industrial countries. There is concern that information is becoming a commodity, like income and wealth, by which countries are classified as rich and poor. The chapters in this volume argue that investment in infrastructure, physical capital, and education are key to economic development and that the IT content of these investments should be high. Besides providing citizens with access to IT and to IT education and training, governments should promote participation in the information society, thus generating a sufficiently strong demand base for information products. By developing advanced applications of IT, and by becoming a model for the private sector, governments can alter worker, firm, and consumer attitudes, and lower their costs of adopting IT. The use of IT, not necessarily its production, is what matters for economic development.
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Front Matter
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1
Information Technology and Economic Growth: Introduction and Conclusions
MATTI POHJOLA
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Part I Technology and Economic Growth
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Part II Microeconomic Evidence
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5
Computers and Labour Markets: International Evidence
FRANCIS KRAMARZ
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6
Information Technology and Research and Development Impacts on Productivity and Skills: Looking for Correlations on French Firm-Level Data
NATHALIE GREENAN and others
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7
The Determinants of the Adoption of Information Technology: A Case Study of the Indian Garments Industr
KAUSHALESH LAL
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5
Computers and Labour Markets: International Evidence
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Part III Macroeconomic Evidence
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8
Computers and Economic Growth in Finland
PETRI NIININEN
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9
The Economic Impact of Information and Communication Technology in Korea
KUK-HWAN JEONG and others
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10
The Contribution of Information Technology to the Rapid Economic Growth of Singapore
POH KAM WONG
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11
Information Technology and Economic Growth: A Cross-Country Analysis
MATTI POHJOLA
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12
Information Technology and Economic Development: Results and Policy Implications of Cross-Country Studies
KENNETH L. KRAEMER andJASON DEDRICK
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8
Computers and Economic Growth in Finland
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End Matter
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