Return of the Solow Paradox? IT, Productivity, and Employment in US Manufacturing

Author:

Acemoglu Daron1,Autor David2,Dorn David3,Hanson Gordon H.4,Price Brendan5

Affiliation:

1. MIT, 40 Ames Street, Cambridge, MA 02142, CIFAR, and NBER (e-mail: )

2. MIT, 40 Ames Street, Cambridge, MA 02142, and NBER (e-mail: )

3. CEMFI, Casado del Alisal 5, 28014 Madrid, Spain, and IZA (e-mail: )

4. School of International Relations and Pacific Studies, 0519, University of California, San Diego, 9500 Gilman Drive, La Jolla, CA 92093-0519, and NBER (e-mail: )

5. MIT, 40 Ames Street, Cambridge, MA 02142 (e-mail: )

Abstract

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.

Publisher

American Economic Association

Subject

Economics and Econometrics

Cited by 158 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3