The DOI matches its Crossref record; 18 of the 18 references it cites were found in a registry or an index.
Information Technology and Productivity: Where Are We Now and Where Are We Going?
Open accessAbstract
Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence that many analysts linked to information technology (IT). However, shortly after this consensus emerged, demand for IT products fell sharply, leading to a lively debate about the connection between IT and productivity and about the sustainability of the faster growth. We contribute to this debate in two ways. First, to assess the robustness of the earlier evidence, we extend the growth-accounting results in Oliner and Sichel (2000a) through 2001. The new results confirm the basic story in our earlier work -- that the acceleration in labor productivity after 1995 was driven largely by the greater use of IT capital goods and by the more rapid efficiency gains in the production of IT goods. Second, to assess whether the pickup in productivity growth is sustainable, we analyze the steady-state properties of a multi-sector growth model. This exercise generates a range for labor productivity growth of 2 percent to 2-3/4 percent per year, which suggests that much -- and possibly all -- of the resurgence is sustainable.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Technical Change and the Aggregate Production Function
Solow, R. M. (1957) · The Review of Economics and Statistics · doi:10.2307/1926047 · Cited by 12,259
The Resurgence of Growth in the Late 1990s: Is Information Technology the Story?
Oliner, S. D., & Sichel, D. E. (2000) · Journal of Economic Perspectives · doi:10.1257/jep.14.4.3 · Cited by 1,845
Self-citationRaising the Speed Limit: U.S. Economic Growth in the Information Age
Jorgenson, D. W., & Stiroh, K. J. (2000) · Brookings Papers on Economic Activity · doi:10.1353/eca.2000.0008 · Cited by 1,462
Information Technology and the U.S. Economy
Jorgenson, D. W. (2001) · American Economic Review · doi:10.1257/aer.91.1.1 · Cited by 1,295
Does the “New Economy” Measure up to the Great Inventions of the Past?
Gordon, R. J. (2000) · Journal of Economic Perspectives · doi:10.1257/jep.14.4.49 · Cited by 1,206
Growth Accounting with Intermediate Inputs
Hulten, C. R. (1978) · The Review of Economic Studies · doi:10.2307/2297252 · Cited by 609
On the Measurement of Technological Change
Domar, E. D. (1961) · The Economic Journal · doi:10.2307/2228246 · Cited by 517
The Measurement of Depreciation in the U.S. National Income and Product Accounts
Fraumeni, B. M. (1997) · Cited by 351
The computer revolution: an economic perspective
(1998) · Choice Reviews Online · doi:10.5860/choice.35-2838 · Cited by 235
Productivity growth in the 1990s: technology, utilization, or adjustment?
Basu, S., Fernald, J. G., & Shapiro, M. D. (2001) · Carnegie-Rochester Conference Series on Public Policy · doi:10.1016/s0167-2231(01)00054-9 · Cited by 136
Cited by
Entrepreneurship, Economic Growth and Public Policy
Acs, Z. J., & Szerb, L. (2007) · Small Business Economics · doi:10.1007/s11187-006-9012-3 · Cited by 802
A Retrospective Look at the U.S. Productivity Growth Resurgence
Jorgenson, D. W., Ho, M. S., & Stiroh, K. J. (2008) · Journal of Economic Perspectives · doi:10.1257/jep.22.1.3 · Cited by 600
Whither Monetary and Financial Stability? The Implications of Evolving Policy Regimes
Borio, C. E. V., & White, W. R. (2004) · SSRN Electronic Journal · doi:10.2139/ssrn.901387 · Cited by 368
Steam as a General Purpose Technology: A Growth Accounting Perspective
Crafts, N. (2004) · The Economic Journal · doi:10.1111/j.1468-0297.2003.00200.x · Cited by 335
ICT as a general-purpose technology: The productivity of ICT in the United States revisited
Liao, H., Wang, B., Li, B., & Weyman-Jones, T. (2016) · Information Economics and Policy · doi:10.1016/j.infoecopol.2016.05.001 · Cited by 95
Metadata
- Authors
- Sichel, D. E., & Oliner, S. D.
- Venue
- Finance and Economics Discussion Series
- Published
- 2002
- Volume
- 2002.0
- Issue
- 29
- Pages
- 1-79
- ISSN
- 1936-2854 (ISSN-L)
- OpenAlex
- W3021719088
- Cited by
- 258
- References
- 18
- FWCI
- 58.23
- Type
- journal article
- Language
- en
- Open access
- hybrid
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Information Technology and Productivity: Where Are We Now and Where Are We Going? https://app.cochat.ai/papers/10.17016/feds.2002.29
- The paper
- Sichel, D. E., & Oliner, S. D. (2002). Information Technology and Productivity: Where Are We Now and Where Are We Going? Finance and Economics Discussion Series. https://doi.org/10.17016/feds.2002.29
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.