Sustaining the New Economy will require public policies that remain relevant to the rapid technological changes that characterize it. While data and its timely analysis are key to effective policy-making, we do not yet have adequate statistical images capturing changes in productivity and growth brought about by the information technology revolution. This report on a STEP workshop highlights the need for more information and the challenges faced in measuring the New Economy and sustaining its growth.
Dale W. Jorgenson and Charles W. Wessner, Editors, Board on Science, Technology, and Economic Policy, National Research Council
1 Front Matter; 2 I. Executive Summary; 3 II. Introduction; 4 III. Proceedings; 5 Introduction; 6 Welcome to the New Economy; 7 Panel I: Defining and Measuring the New Economy; 8 Raising the Speed Limit: U.S. Economic Growth in the Information Age; 9 Panel II: Drivers of the New Economy; 10 Semiconductors: The Arrival of the New Economy; 11 Semiconductors: Economics of the New Economy; 12 Microprocessors and Computers: Five Trends; 13 Microprocessors and Computers: The Phenomenon of Price Declines; 14 Panel III: Communications and Software; 15 Communications; 16 Software: The Challenge to Getting There; 17 Panel IV: Applications and Policy Issues; 18 Communications; 19 Economic Issues of E-Business; 20 E-Business Policy Issues; 21 Investments in Information Technology Applications; 22 Old Business to E-Business: The Change Dynamic; 23 Panel V: Roundtable Discussion; 24 IV. Appendices; 25 A. Raising the Speed Limit: U.S. Economic Growth in the Information Age; 26 B. Biographies of Speakers; 27 C. Participants List; 28 D. Bibliography
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