Return of the Solow Paradox? IT, Productivity, and Employment in US Manufacturing
2014 ◽
Vol 104
(5)
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pp. 394-399
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Keyword(s):
An increasingly influential 'technological-discontinuity' paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using US manufacturing industries. There is some limited support for more rapid productivity growth in IT-intensive industries depending on the exact measures, though not since the late 1990s. Most challenging to this paradigm, and to our expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases, when detectable, result from the even faster declines in employment.
2008 ◽
Vol 60
(4)
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pp. 405-427
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2019 ◽
Vol 247
◽
pp. R19-R31
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2016 ◽
Vol 19
(1)
◽
pp. 15-34
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1994 ◽
Vol 5
(2)
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pp. 177-196
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2018 ◽
pp. 212-234
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2001 ◽
Vol 33
(9)
◽
pp. 1681-1703
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