Chapter

Growth of U.S. Industries and Investments in Information Technology and Higher Education

Dale W. Jorgenson, Mun S. Ho and Kevin J. Stiroh

in Measuring Capital in the New Economy

Published by University of Chicago Press

Published in print October 2005 | ISBN: 9780226116129
Published online February 2013 | e-ISBN: 9780226116174 | DOI: http://dx.doi.org/10.7208/chicago/9780226116174.003.0012
Growth of U.S. Industries and Investments in Information Technology and Higher Education

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This chapter explores the connections among productivity growth, human capital investment, and information technology investment at the industry level. The findings confirm the important contributions of both information technology and investment in human capital, via higher education, to productivity growth. This chapter concludes that restructuring official statistics to describe the ongoing structural changes more accurately is an important step in the management of the new risks that we face collectively.

Keywords: productivity growth; human capital investment; information technology investment; higher education; industry level

Chapter.  30449 words.  Illustrated.

Subjects: Econometrics and Mathematical Economics

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