Will History Repeat Itself? Comments on “Is the Information Technology Revolution Over?”
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 slowdo...
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Format: | Article |
Language: | English |
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Centre for the Study of Living Standards
2013-04-01
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Series: | International Productivity Monitor |
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Online Access: | http://www.csls.ca/ipm/25/IPM-25-Syverson.pdf |