Information Technology and the World Economy*
نویسندگان
چکیده
منابع مشابه
Information Technology and the U.S. Economy
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This paper analyzes the impact of investment in information technology (IT) on the recent resurgence of world economic growth. We describe the growth of the world economy, seven regions, and 14 major economies during the period 1989–2004. We allocate the growth of world output between input growth and productivity and find, surprisingly, that input growth greatly predominates! Moreover, differe...
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We show that the dramatically increasing share of income going to top earners is consistent with the rise of the "power law economy" and argue this may reflect networks and increased digitization. Specifically, tax data (1960-2008) show an increasing dispersion of incomes in the portion of the distribution drawn from a power law, as opposed to the long-established log-normal distribution. We pr...
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We investigate the possibility that information technology changes the industrial structure of the economy in a significant way by affecting both scale and scope economies. The primary hypothesis is that the rapid growth of information technology has two opposing effects to the firm size. Information technology not only reduces external transaction costs and stimulates inter-firm transactions, ...
متن کاملInformation Technology and Business Value in a Global Economy: Do Information Technology Investments Pay Off In a Developing Economy?
Understanding the business value of IT has mostly been studied in developed countries, but because most investment in developing countries is derived from external sources, the influence of that investment on business value is likely to be different. We test this notion using a two-layer model. We examine the impact of IT investments on firm processes, and the relationship of these processes to...
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ژورنال
عنوان ژورنال: Scandinavian Journal of Economics
سال: 2005
ISSN: 0347-0520,1467-9442
DOI: 10.1111/j.1467-9442.2005.00430.x