Will History Repeat Itself? Comments on 'Is the Information Technology Revolution Over?'

Autor: Chad Syverson
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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