Download or read book The Information and Communication Technology Revolution s Effects on Worker Productivity in the United States 1970 1999 written by Douglas Karel Ruml and published by . This book was released on 2004 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Inter Industry Effect of Productivity on Employment written by Jin Woong Kim and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of technology improves the efficiency of the production process and increases the competitiveness of the commodity produced in general. Considering an open economy, technology raises a price and a quality competitiveness of domestic goods in the international market. Therefore, technology innovation is known to be one of the most essential factors in economic growth. However, there are two different views regarding to the effects of technology on employment. A negative insight of technology on employment insists that a simple labor-saving technology innovation like the introduction of automated equipment increases value-added at the expense of unskilled labor. On the contrary, technology innovation in some industries causes ultimate growth in the industry, and subsequently requires more employment. This is the income effect of technology innovation. Besides technology innovation in some industries spills over into other industries, leads to their growth, and brings about positive inter-industry effects from the technology. These two insights regarding to the technology effect on employment have been cited in the previous literature. First, with the negative aspects, Gali (1999) shows that positive technology innovation reduced U.S. total work hours in the short run. Francis and Ramsey(2005) and Basu, Fernald, and Kimball(2006) also suggest that an aggregate technology shock can reduce the use of labor, investment and real interest rates, even in the short run. And Canova, Lopez-Salido, and Michelacci(2007) suggest that a possible reason for this mechanism is “search friction” in the labor market. Kim, Choi, and Lee (2007) investigate the effects of labor productivity shocks on employment in aggregate, manufacturing, services, ICT, and non-ICT industries using 1993~2006 data in Korea. They show that a productivity shock in an industry reduces employment of the industry in the short run, but the positive transmission effects of productivity on employment exist from non-ICT innovation to ICT employment. Choi and Lee(2008) provide that employment was reduced, especially in for unskilled jobs, by technological development and globalization during the years 1991~2007 in Korea. They estimate that the reduction was 11,000 job positions as an annual average.6) Kim(2008b) insists that the technology innovation in Korea has had a labor saving feature. As empirical evidence, he showed the negative relationship between productivity and employment using panel model with 1993~2007 data.However, some studies show that the effect of technology on employment can be positive. The idea is based on the theory of RBC(Real Business Cycle), of which technology innovation increases employment as well as production. Related past studies are summarized in Christiano et al.(2003) and Uhlig (2004).8) Kim(2001)9) provides that there has been no significant employment reduction effect in Korea since 1970 using the empirical method of Gali (1999). Also, Kang(2006)10) uses the same empirical method with Gali(1999) and shows that the effects of technology innovation on employment can be different across industries. The effects were significantly positive in manufacturing, but insignificant in services.This paper investigates the effect of productivity on employment and also tests whether the effect has changed from the year 2000. In particular, the paper attempts to include the inter-industry effect of productivity on employment. The initiative of considering inter-industrial effect of productivity starts from Kim and Kim(2008)11) which investigates the effect of total factor productivity on investment and employment and shows two different empirical results by model specification; the effect was positive using national level data, but was negative using industry panel data. We have outlined the purpose of the paper and related studies in this first section. In section 2, the data for the empirical analysis is described. Section 3 and section 4 show the empirical model specifications for analysis and the subsequent results. Section 5 provides the conclusion and implications from the empirical results.
Download or read book The Information Revolution written by Alan Porter and published by Praeger. This book was released on 1998-03-13 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises 16 papers grouped under six themes: Implications for modern management; Implications for the workplace; Implications for academia; Implications for political affairs; Implications for "information societies"; Predictions.
Download or read book Is the Information Technology Revolution Over written by Federal Reserve Board and published by CreateSpace. This book was released on 2014-04-02 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the slowdown in labor productivity growth in the mid-2000s, some have argued that the boost to labor productivity from IT may have run its course. This paper contributes three types of evidence to this debate. First, we show that since 2004, IT has continued to make a significant contribution to labor productivity growth in the United States, though it is no longer providing the boost it did during the productivity resurgence from 1995 to 2004. Second, we present evidence that semiconductor technology, a key ingredient of the IT revolution, has continued to advance at a rapid pace and that the BLS price index for microprocesssors may have substantially understated the rate of decline in prices in recent years. Finally, we develop projections of growth in trend labor productivity in the nonfarm business sector. The baseline projection of about 13/4 percent a year is better than recent history but is still below the long-run average of 21/4 percent. However, we see a reasonable prospect - particularly given the ongoing advance in semiconductors - that the pace of labor productivity growth could rise back up to or exceed the long-run average. While the evidence is far from conclusive, we judge that "No, the IT revolution is not over."
Download or read book Uncovering Labour in Information Revolutions 1750 2000 Volume 11 written by Aad Blok and published by Cambridge University Press. This book was released on 2003-12-15 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discussion of the current Information Revolution tends to focus on technological developments in information and communication and overlooks both the human labour involved in the development, maintenance and daily use of information and communication technologies (ICTs), and the consequences of the implementation of these ICTs for the position and divisions of labour. This volume aims to redress this imbalance by exploring the role, position and divisions of information and communication labour in the broadest sense through periods of revolutionary technological change.
Download or read book America History and Life written by and published by . This book was released on 2007 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Article abstracts and citations of reviews and dissertations covering the United States and Canada.
Download or read book Information Technology and the U S Workforce written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-04-18 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent years have yielded significant advances in computing and communication technologies, with profound impacts on society. Technology is transforming the way we work, play, and interact with others. From these technological capabilities, new industries, organizational forms, and business models are emerging. Technological advances can create enormous economic and other benefits, but can also lead to significant changes for workers. IT and automation can change the way work is conducted, by augmenting or replacing workers in specific tasks. This can shift the demand for some types of human labor, eliminating some jobs and creating new ones. Information Technology and the U.S. Workforce explores the interactions between technological, economic, and societal trends and identifies possible near-term developments for work. This report emphasizes the need to understand and track these trends and develop strategies to inform, prepare for, and respond to changes in the labor market. It offers evaluations of what is known, notes open questions to be addressed, and identifies promising research pathways moving forward.
Download or read book Issues Trends of Information Technology Management in Contemporary Organizations written by Information Resources Management Association. International Conference and published by IGI Global. This book was released on 2002-01-01 with total page 878 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the field of information technology continues to grow and expand, it impacts more and more organizations worldwide. The leaders within these organizations are challenged on a continuous basis to develop and implement programs that successfully apply information technology applications. This is a collection of unique perspectives on the issues surrounding IT in organizations and the ways in which these issues are addressed. This valuable book is a compilation of the latest research in the area of IT utilization and management.
Download or read book Is It the Technologies Or US ICT Impacts on American Workers written by Wenhong Chen and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research draws on nationally representative data to examine the extent to which digital communication technologies, communication overflow, and social capital are related to ICT impacts on work. Results reveal the paradoxical and contingent nature of ICT impacts. Email and text message use are related to positive and negative ICT impacts. The frequency of IM contributes to productivity and flexibility, while SNSs use is not associated with any ICT impacts. Communication overflow enhances the positive and the negative ICT impacts. Social capital increases some of the positive ICT impacts but is neutral to negative ICT impacts on work. ICTs level the playground in some occasions, amplify existing inequalities in some occasions, but make no differences in other occasions.
Download or read book Does Information and Communication Technology Drive Eu Us Productivity Growth Differentials written by l P. Timmer and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper compares the effects of information and communication technology (ICT) on aggregate labour productivity growth in the European Union and the United States. It focuses on two transmission channels, namely (i) ICT-capital deepening and (ii) total factor productivity (TFP) growth originating from ICT-goods production. We find that together these two effects almost fully explain the US lead in labour productivity growth over the EU during the period 1995-2001. We also argue that, within the EU, non-ICT related sources of growth are the main drivers of productivity differentials between member countries.
Download or read book The Oxford Companion to American Politics written by David Coates and published by Oxford University Press, USA. This book was released on 2012-07-12 with total page 1141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides students and scholars with a valuable reference source in the field of American Politics. The Companion will equip readers with a deep understanding of the complex interaction between governmental institutions and processes and the wider American economy and society that they govern.
Download or read book How to Compete written by Sandra E. Black and published by . This book was released on 1997 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using data from a unique nationally representative sample of businesses, the Educational Quality of the Workforce National Employers Survey (EQW-NES), matched with the Bureau of the Census' Longitudinal Research Database (LRD), we examine the impact of workplace practices, information technology and human capital investments on productivity. We estimate an augmented Cobb Douglas production function with both cross section and panel data covering the period of 1987-1993 using both within and GMM estimators. We find that what is associated with higher productivity is not so much whether or not an employer adopts a particular work practice but rather how that work practice is actually implemented within the establishment. We also find that those unionized establishments that have adopted what have been called new or transformed' industrial relations practices that promote joint decision making coupled with incentive based compensation have higher productivity than other similar non-union plants maintain more traditional labor management relations have lower productivity. We also find that the higher the average educational level of production workers or the greater the proportion of non-managerial workers who use computers, the higher is plant productivity
Download or read book Technology and the Future of Work written by Adrian Peralta-Alva and published by International Monetary Fund. This book was released on 2018-10-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a DSGE model to simulate the impact of technological change on labor markets and income distribution. It finds that technological advances offers prospects for stronger productivity and growth, but brings risks of increased income polarization. This calls for inclusive policies tailored to country-specific circumstances and preferences, such as investment in human capital to facilitate retooling of low-skilled workers so that they can partake in the gains of technological change, and redistributive policies (such as differentiated income tax cuts) to help reallocate gains. Policies are also needed to facilitate the process of adjustment.
Download or read book Encyclopedia of Developing Regional Communities with Information and Communication Technology written by Marshall, Stewart and published by IGI Global. This book was released on 2005-06-30 with total page 804 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This encyclopedia provides a thorough examination of concepts, technologies, policies, training, and applications of ICT in support of economic and regional developments around the globe"--Provided by publisher.
Download or read book Economic Growth in the New Economy written by Jukka Jalava and published by . This book was released on 2001 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Third Industrial Revolution written by Jeremy Greenwood and published by American Enterprise Institute. This book was released on 1997 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this text the author argues that rapid technological change, sluggish real wage growth, and widening inequality have characterized earlier periods of economic growth of revolutionary new technologies.
Download or read book Funding a Revolution written by National Research Council and published by National Academies Press. This book was released on 1999-02-11 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past 50 years have witnessed a revolution in computing and related communications technologies. The contributions of industry and university researchers to this revolution are manifest; less widely recognized is the major role the federal government played in launching the computing revolution and sustaining its momentum. Funding a Revolution examines the history of computing since World War II to elucidate the federal government's role in funding computing research, supporting the education of computer scientists and engineers, and equipping university research labs. It reviews the economic rationale for government support of research, characterizes federal support for computing research, and summarizes key historical advances in which government-sponsored research played an important role. Funding a Revolution contains a series of case studies in relational databases, the Internet, theoretical computer science, artificial intelligence, and virtual reality that demonstrate the complex interactions among government, universities, and industry that have driven the field. It offers a series of lessons that identify factors contributing to the success of the nation's computing enterprise and the government's role within it.
