Benchmarking the IT productivity paradox: Recent evidence from the manufacturing sector

The Productivity Paradox: Evidence from Indirect Indicators of Service Sector Productivity Growth

Competition and Productivity – Evidence from Indian Manufacturing Sector Reforms

The extensive reform measures introduced in the early 90s in India provide a unique opportunity to study policy experiments aimed at reducing barriers to entry and increasing product market competition. We use a rich, comprehensive, plant-level dataset for the period 1986-87 to 1994-95 to identify the effects of de-licensing, liberalization of foreign direct investment (FDI) and the reduction o...

Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing

An increasingly influential “technological-discontinuity” paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view in the U.S. manufacturing sector. In contrast to this view and our expectations, we find little differential productivity growth in IT-intensive manufacturing industries. ...

Improving the return on IT investment: the productivity paradox

Over the past four decades, information technology (IT) has had a profound e!ect on the US economy, resulting in a shift from a manufacturing to an information economy. This e!ect, however, has also produced what may be labeled the paradox of IT productivity. While the percentage of a "rm's budget spent on IT continues to increase, there is increasing evidence that "rms fail to obtain the bene"...

Can Open Service Sector FDI Policy Enhance Manufacturing Productivity? Evidence from Indonesia

Just as Cinderella was the ignored sister with great potential, so service sector FDI may be the neglected sibling of trade policy. As trade and FDI regimes have become more liberalized in recent decades, tariff reductions and FDI in manufacturing have hogged the limelight, while FDI in services has often remained a wallflower. In fact, most restrictions on FDI flows today are in the service se...