Investing in information technology: productivity payoffs for U.S. industries

Kevin Stiroh ()

Current Issues in Economics and Finance, 2001, vol. 7, issue Jun

Abstract: Although firms have invested billions of dollars in information technology to boost their productivity, many analysts continue to question whether these investments do in fact lead to productivity gains. An industry-level analysis of productivity performance provides robust evidence of a link, showing that the industries experiencing the largest productivity acceleration in the late 1990s were the producers and most intensive users of information technology.

Keywords: Information technology; Industrial productivity; Economic development (search for similar items in EconPapers)
Date: 2001
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