Analysis of Increased Computerization and Increased Economic Productivity

Introduction Businesses are increasingly dependent on the effective hold of computers. It is therefore important to understand what the frugal squeeze is that computers nurse on businesses. Computer industries expanded more slowly during decades previous(prenominal) to the mid-nineties, which was consistent with the rate at which prices dropped. productiveness growth has fit with the rate of rapid technical improvements in semiconducting materials. These improvements have lead to cheaper production of faster processors, which resulted in productivity growth and economic growth. This paper will outline replaces in productivity, changes in computers and their relation to economic growth on the economy of the United States.

productivity Analysis of the impacts of education technologies on productivity suggests a substantial increase. For businesses, the benefits of information technologies require the use of innovation and reconfiguration of existing computers rather than the purchase of new hardware. Due to this situation, it is difficult to judge the impact of investments on economic growth. Research has shown it is the systemic nature and the dependent elements that make information technology investments productive.

The analysis of productivity trends notify be used to predict potential economic growth. sustainable growth is determined by long-term productivity gains. By analyzing productivity developments, limitations that stand in the way of productivity sack be eliminated.

Impact on the deliverance The New Economy theory is based on the assumption that information technologies change the productivity growth rate of the economy. If so, increased investments in information technologies should increase productivity and economic growth.

Advances in information technology can be credited to advances in the production of semiconductors. Productivity of information technologies is affected by the current cycle of semiconductor production. Dale Jorgenson makes the argument that rapid productivity increases in the United States during the 1990s resulted from accelerated product cycles in the semiconductor industry.

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