4 Ergebnisse.

The relentless decline in the prices of information technology (IT) has steadily enhanced the role of IT investment as a source of economic growth in the United States. Productivity growth in IT-producing industries has gradually risen in importance, and a productivity revival has taken place in the rest of the economy. In this book Dale Jorgenson shows that IT provides the foundation for the resurgence of American economic growth.Information ...

These studies of the cost of capital will inspire and guide policy-makerswho share the goal of making the allocation of capital in a market economy moreefficient.Volume 1 presents pioneering studies of the cost of capital as adeterminant of investment expenditures. The cost of capital summarizes the futureconsequences of investment essential for current decisions. This concept has becomean indispensible tool for studying the dynamics of invest...

This volume presents an approach to the evaluation of economic policies through the econometric modeling of aggregate consumer behavior. While the preferences of individual consumers are revealed by their market choices, these preferences can be recovered only by econometric methods, not through the index numbers used in the official statistics. The richer and more robust methodology presented in this volume provides a fruitful point of depart...

A study of information technology and economic growth since 1995 that tracks the American growth resurgence to its sources within individual industries.