Will History Repeat Itself? Comments on 'Is the Information Technology Revolution Over?'
Autor: | Chad Syverson |
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Jazyk: | angličtina |
Rok vydání: | 2013 |
Předmět: | |
Zdroj: | International Productivity Monitor, Iss 25, Pp 37-40 (2013) |
Druh dokumentu: | article |
ISSN: | 1492-9759 1492-9767 |
Popis: | In this article I comment on three aspects of Byrne, Oliner and Sichel’s analyses. First, I show that the patterns in labour productivity growth during the IT era echo those observed during electrification. This includes a slowdown of roughly analogous timing to that observed in 2004-2012 — a slowdown that in the electrification era was followed by a productivity growth acceleration. Second, I discuss the implications of continued divergence in mean and median incomes for the analysis of productivity growth in the long run. Third, I explore further the issue of whether technological progress in semiconductor manufacturing is yielding concomitant increases in semiconductor performance. |
Databáze: | Directory of Open Access Journals |
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