U.S. | Digitization and Productivity: Where is the Growth?
Published on Friday, November 27, 2015 | Updated on Monday, November 30, 2015
U.S. | Digitization and Productivity: Where is the Growth?
Summary
Technological progress is in a low-growth state. Information technology is in a high-growth state and boosts the productivity growth rate. Digitization will keep labor compensation growth subdued. Digitization distorts theoretical measures of productivity as the distinction between technology and capital as two separate factors of production fades away
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Macroeconomic Analysis
- Digital Economy
Tags
- Tags
- Technology
- Productivity
Authors
Shushanik Papanyan