| dc.creator |
Brynjolfsson, Erik |
|
| dc.creator |
Hitt, Lorin M. |
|
| dc.date |
2004-07-09T18:25:09Z |
|
| dc.date |
2004-07-09T18:25:09Z |
|
| dc.date |
2004-07-09T18:25:09Z |
|
| dc.date.accessioned |
2013-10-09T02:39:43Z |
|
| dc.date.available |
2013-10-09T02:39:43Z |
|
| dc.date.issued |
2013-10-09 |
|
| dc.identifier |
http://hdl.handle.net/1721.1/5417 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/1721 |
|
| dc.description |
We explore the effect of computerization on productivity and output growth using data from 527 large US firms
over 1987-1994. We find that computerization makes a contribution to measured productivity and output growth
in the short term (using one year differences) that is consistent with normal returns to computer investments.
However, the productivity and output contributions associated with computerization are up to five times greater
over long periods (using five to seven year differences). The results suggest that the observed contribution of
computerization is accompanied by relatively large and time-consuming investments in complementary inputs, such
as organizational capital, that may be omitted in conventional calculations of productivity. The large long-run
contribution of computers and their associated complements that we uncover may partially explain the subsequent
investment surge in computers in the late 1990s. |
|
| dc.format |
756296 bytes |
|
| dc.format |
application/pdf |
|
| dc.language |
en_US |
|
| dc.relation |
MIT Sloan School of Management Working Paper;4210-01 |
|
| dc.title |
Computing Productivity: Firm-Level Evidence |
|
| dc.type |
Working Paper |
|