Jorgenson D. W.

Information Technology and the U.S. Economy

2001. Т. 5. № 1. С. 3–40 [содержание номера]
The starting point for the economic debate is the thesis that the 1990's are a mirror image of the 1970's, when an unfavorable series of «supply shocks» led to stagflation - slower growth and higher inflation . In this view, the development of information technology (IT) is one of a series of positive, but temporary, shocks. The competing perspective is that IT has produced a fundamental change in the U.S. economy, leading to a permanent improvement in growth prospects.
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