The Computer Revolution: An Economic Perspective
Language: English
Published by Brookings Institution Press, 1997
- Softcover
- New
Seller: California Books, Miami, FL, U.S.A.California Books
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Add to basketSeller Inventory # I-9780815778974
- Title
- The Computer Revolution: An Economic Perspective
- Author
- Sichel, Daniel E.
- Publisher
- Brookings Institution Press
- Publication year
- 1997
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 081577897X
- ISBN 13
- 9780815778974
As the nation embarks on a major effort to develop an Information Superhighway, it is critical for policymakers, opinion leaders, and others to understand the contribution and role of information technology in the economy during recent decades. This book provides a straightforward guide to the economic issues underlying the debates about these issues, using quantitative and historical analysis, supplemented with interviews of small and large service-sector companies.
To set the stage, Daniel Sichel reviews the debates over the role of computers and summarizes the essential facts about computer use, with a particular emphasis on software. Going beyond basic facts, Sichel describes an economic framework for assessing the aggregate economic impact of computers in recent decades and for looking ahead at this impact in the future. Quantitative estimates from this framework, along with supporting historical and interview evidence, place limits on the contribution of computers to the overall economy. When compared to the size of the slowdown in productivity growth in the early 1970s, the overall impact of computers appears relatively modest, in part because the share of computers in the nation's capital stock is surprisingly small. Looking ahead, Sichel also raises questions as to whether computers are likely to solve the nation's productivity woes in the future.
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California Books
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