Information Technology And Economic Performance: A Global Analysis

The authors statistically evaluate the impact that technology has on economic performance. They find that technologies such as the computer increase the productivity of an economy's labor force and increase the per capita GDP. They find it is developing, not industrialized, economies that most benefit from information technology. Information technologies such as the Internet or the personal computer are being embraced globally. These innovations are largely being viewed positive developments. Communications and knowledge can be quickly and easily transmitted across borders and across large distances. It is hoped that these technologies can increase the productivity of an economy's labor stock and, by extension, its growth.