Abstract
Adam Saunders of The Wharton School, University of Pennsylvania reviews “Information Technology and Productivity Growth: German Trends and OECD Comparisons” by Theo S. Eicher, Thomas Strobel,. The EconLit Abstract of the reviewed work begins “Explores, from an OECD perspective, how information and communication technology (ICT) affects economic growth, focusing on the case of Germany. Discusses deriving new economy data at the industry level; industry origins of the U.S. productivity accelerations and Germany’s productivity slump; ICT intensity and productivity growth--an international comparison; ICT and productivity--software investments as the decisive driver; education and ICT investment complementarities; and industry productivity, research and development intensity, and ICT investment. Eicher is Professor and Robert R. Richards Distinguished Scholar in the Department of Economics at the University of Washington and Affiliate Professor at the Ludwig-Maximilians University. Strobel is an economist with the Department of International Institutional Comparisons at the Ifo Institute for Economic Research. Index.”
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