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Information Technology, Productivity, and Economic Growth – International Evidence and Implications for Economic Development | Oxford Scholarship Online
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Information Technology, Productivity, and Economic Growth: International Evidence and Implications for Economic Development

Matti Pohjola

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 ... More

Keywords: information technology, productivity, economic growth, microeconomic, macroeconomic, industrial countries, newly industrialized, infrastructure, physical capital, education

Bibliographic Information

Print publication date: 2001 Print ISBN-13: 9780199243983
Published to Oxford Scholarship Online: October 2011 DOI:10.1093/acprof:oso/9780199243983.001.0001

Authors

Affiliations are at time of print publication.

Matti Pohjola, editor
WIDER, United Nations University

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