Economic growth in the New Economy: evidence from advanced economies

被引：98
作者：
Jalava, J
Pohjola, M
机构：
[1] UN Univ, WIDER, FIN-00160 Helsinki, Finland
[2] Stat Finland, FIN-00580 Helsinki, Finland
来源：
INFORMATION ECONOMICS AND POLICY | 2002年 / 14卷 / 02期
关键词：
growth accounting; economic growth; ICT; information and communication technology; information technology; IT; new economy; productive capital stock; productivity;
D O I：
10.1016/S0167-6245(01)00066-X
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Firstly, by surveying recent research, this paper confirms that both the production and use of ICT have been the factors behind the improved economic performance of the United States in the 1990s. However, the evidence for the New Economy is much weaker outside the United States. Secondly, the paper applies growth accounting to estimate the impacts in Finland. It is shown that the contribution to output growth from ICT use has increased from 0.3 percentage points in the early 1990s to 0.7 points in the late 1990s. In addition, the fast growth of multi-factor productivity in the ICT-producing industries has had an even larger impact. But, unlike in the US, there has been no acceleration in the trend rate of labour productivity. (C) 2002 Elsevier Science B.V. All rights reserved.
引用
收藏
页码：189 / 210
页数：22
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