Abstract

The US productivity revival is by now well known, and because US firms have invested trillions of dollars in information technology (IT), there is considerable interest among the business community, policy-makers, and academics in the role of IT. However, it is quite difficult simply to measure IT accurately; and quantifying the impact on productivity is even more difficult. Nonetheless, a substantial body of evidence is accumulating that suggests IT has played an important role in the US productivity revival.

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