Home   >   CSC-OpenAccess Library   >    Manuscript Information
it & Economic Performance a Critical Review of the Empirical Data
Georgios Vousinas
Pages - 48 - 59     |    Revised - 15-03-2012     |    Published - 16-04-2012
Volume - 3   Issue - 2    |    Publication Date - April 2012  Table of Contents
MORE INFORMATION
KEYWORDS
IT, Economic Growth, Economic perfomance
ABSTRACT
The present study undertakes a critical review of the research around the multi-significant issue of the correlation between the IT investments and the economic performance to both micro and macroeconomic level. The aim of this study is to shed light on the interaction of IT with the economy, at corporate, industry and national level and document it¢ s contribution to productivity and therefore to economic growth. My conclusion is that there is a positive effect of IT investments to both the above economic indicators in all aspects, but is something that needs further research so as to find a more clear and risk adjusted relation.
CITED BY (1)  
1 Cristofaro, M., Giardino, P. L., & Leoni, L. (2021). Back to the Future: A Review and Editorial Agenda of the International Journal of Business Research and Management. International Journal of Business Research and Management (IJBRM), 12(1), 16-33.
1 Google Scholar 
2 CiteSeerX 
3 Scribd 
4 SlideShare 
5 PdfSR 
Council of Economic Advisors. “The annual report of the council of economic advisors“. In The Economics of the President. U.S. Government Printing Office, Washington, D.C., 2010.
D. E. Sichel. “The Computer Revolution: An Economic Perspective“. Brookings Institution Press, Washington D.C., 1997.
D. W. Jorgenson and K. J. Stiroh. “Raising the speed limit: U.S. economic growth in the information age“. Brookings Pap. Econ. Act. 1, 125-211, 2000.
D. W. Jorgenson. “Information Technology and the U.S. economy“. American Economic Review 91, 1, 1-32, 2001.
E. Brynjolfsson and L. M. Hitt, “Paradox lost? Firm level evidence on the returns to information systems spending“. Manage Science 42, 4, 541-558, 1996.
E. Brynjolfsson and S. Yang. “Information Technology and productivity: A review of the literature“. Advanced Computing 43, 179-214, 1996.
E. Brynjolfsson and S. Yang. “The intangible benefits and costs of computer investments: Evidence from financial markets“. In proceedings of the International Conference on Information Systems (Atlanta, GA), 1997.
F. Daveri. “Is growth an information technology story in Europe too?“ Working paper. University of Parma, Parma, Italy, 2000.
F. R. Lightenberg. “The output contributions of computer equipment and personnel: A firm level analysis“. Econ. Innov. New Techn. 3, 3-4, 201-217, 1995.
J. E. Triplett and B. P. Bosworth. “ ‘’Baumol’s disease’’ has been cured: IT and multifactor productivity in U.S. services industries“. The Brookings Institution, Washington D.C., 2002.
J. Stiglitz. “The roaring nineties“. Atlantic Month. 290, 3, 76-89, Oct. 2002.
K. J. Stiroh. “Information technology and the U.S. productivity revival: What does the industry data say? “ Federal Reserve Bank of New York, 2001.
K. J. Stiroh. “What drives productivity growth? “ Econ. Policy Rev. 7, 1 (Mar), 37-59, 2001.
McKinsey Global Institute. “ U.S. Productivity Growth 1995-2000: Understanding the Contribution of Information Technology Relative to Other Factors“. McKinsey Global Institute, Washington D.C., 2001.
P. A. Strassmann.. “The Business Value of Computers: An executive’s Guide“. Information Economics Press, New Canaan, CT, 1990.
P. Schreyer, P. “The contribution of information and communication technology to output growth“. Statistical Working Paper No 99:4. OECD, Paris, France, 1999.
R. E. Litan and A. M. Rivlin. “Projecting the economic impact of the Internet“. Papers and Proceedings of the One Hundred Thirteenth Annual Meeting of the American Economic Association. American Economic Review 91, 2 (May), 313-322)., 2001.
R. Gordon. “Does the ‘’new economy’’ measure up to the great inventions of the past? “ J. Econ. Perspect. 14, 4, 49-76, 2000.
R. H. Franke,. “Technological revolution and productivity decline: Computer introduction in the financial industry“. Technology forecasting Soc. Change 31, 2, 143-154, 1987.
R. Shapiro and A. Mathur. “The contributions of Information and Communication Technologies to American Growth, Productivity, Jobs and Prosperity, Sep. 2011.
R. Solow. “We‘d better watch out“. New York Times Book review (Jul 12), 1987.
S. D. Oliner and D. E. Sichel. “Computers and output growth revisited: How big is the puzzle? “ Brookings Pap. Econ. Act. 2, 2, 273-317, 1994
S. D. Oliner and D. E. Sichel. “The resurgence of growth in the late 1990s: Is information technology the story? “J. Econ. Perspect. 14, 4, 3-22, 2000.
S. S. Roach. “America’s technology dilemma: A profile of the information economy“. Morgan Stanley special Economic Study (Apr), 1987.
S. S. Roach. “Pitfalls of the new assembly line: Can service learn from manufacturing? “ Morgan Stanley special Economic Study (Jun 22), 1989.
S.E. Harris and J. L. Katz. “Organizational performance and information technology investment intensity in the insurance industry“. Organizational Science 2, 3, 263-296, 1991.
S.S. Roach. “Services under siege: The restructuring imperative“. Harvard Business Review 39, 2 (Sep-Oct), 1991
T. F. Bressnahan. “Computerization and wage dispersion: An analytical reinterpretation“. J. Royal Economic Society 109, 456, F390-F415, 1999.
Dr. Georgios Vousinas
- Greece
vousinas@yahoo.com


CREATE AUTHOR ACCOUNT
 
LAUNCH YOUR SPECIAL ISSUE
View all special issues >>
 
PUBLICATION VIDEOS