Information technology and productivity: the case of the financial sector.

From: Survey of Current Business | Date: August 1, 2003| Author: | Copyright information

Economists agree that technology, and particularly information technology, is important in raising productivity growth in the U.S. economy. Measuring the magnitude and extent of the impact of information technology on the U.S. economy and on specific industries continues to be an area of considerable interest and research.

Nobel laureate Lawrence Klein, professor emeritus of economics at the University of Pennsylvania, and Cynthia Saltzman and Vijaya Duggal, both professors at Widener University in Pennsylvania, examined the role of information technology on increasing ...

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