United States: Selected Issues

Publication Date:

July 30, 2004

Electronic Access:

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Summary:

This Selected Issues paper examines the role of information and communication technology (ICT) in the recent acceleration of labor productivity growth in the United States. The analysis reveals that the increase of total factor productivity (TFP) growth is a broad phenomenon that encompasses non-ICT producing sectors, consistent with the view that ICT is a “general purpose technology.” The paper investigates whether the productivity boom may have dampened employment in recent years. It also assesses the contribution of immigrants to the United State economy.

Series:

Country Report No. 2004/228

Subject:

English

Publication Date:

July 30, 2004

ISBN/ISSN:

9781451839562/1934-7685

Stock No:

1USAEA0012004

Pages:

95

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