New Economy. : The German Perspective.

For many observers the beginning of a dynamic economic and stock market upswing in the U.S. in the mid 1990s marked the start of a new era, the times of the new economy. This phenomenon has been under intense discussion ever since - both in the political arena as well as among scientists. Thereby th...

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Autores principales: Jochen Dehio, Roland Döhrn, Rainer Graskamp, Klaus Löbbe, Hans Dietrich von Loeffelholz, Waike Moos, Michael Rothgang
Formato: Libro
Publicado: Duncker & Humblot 2015
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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          Jochen Dehio
          Roland Döhrn
          Rainer Graskamp
          Klaus Löbbe
          Hans Dietrich von Loeffelholz
          Waike Moos
          Michael Rothgang
      sertl: Schriften Des Rheinisch-Westfälischen Instituts Für Wirtschaftsforschung
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        9783428113279
        9783428513277
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      pub: Duncker & Humblot
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        atl: New Economy. : The German Perspective.
        ptl: New Economy.
      aug:
        au:
          Jochen Dehio
          Roland Döhrn
          Rainer Graskamp
          Klaus Löbbe
          Hans Dietrich von Loeffelholz
          Waike Moos
          Michael Rothgang
      su:
        Telecommunication--Economic aspects--Germany
        Telecommunication--Economic aspects--United States
        Information technology--Economic aspects--Germany
        Information technology--Economic aspects--United States
      sug:
        subj:
          BUSINESS & ECONOMICS / Economic History
          BUSINESS & ECONOMICS / Economic Conditions
          Telecommunication--Economic aspects--Germany
          Telecommunication--Economic aspects--United States
          Information technology--Economic aspects--Germany
          Information technology--Economic aspects--United States
      ab: For many observers the beginning of a dynamic economic and stock market upswing in the U.S. in the mid 1990s marked the start of a new era, the times of the new economy. This phenomenon has been under intense discussion ever since - both in the political arena as well as among scientists. Thereby the somewhat glamorous term new economy reflects the conviction held by its proponents that the use of new technologies will lead to a never ending acceleration of technological progress and economic welfare. The origins of this development date back a long time: More than 30 years ago, the starting point was the basic innovation »digitilization«. Production as well as application of information and communications technologies (ICT) are based on this principle. At the beginning of the seventies, the first microprocessor was produced. Some ten years later, the first personal computer was brought onto the market. The commercial use of the Internet has begun in the mid nineties. In view of the economic boom in the U.S. accompanying the introduction of the Internet, the question arises as to what extent the new economy actually has exerted lasting positive effects on productivity - not only in the United States, but also worldwide. Inspired by these developments, the Federal Ministry of Economics and Technology commissioned RWI, Essen, to study the driving forces of the new economy. In this report, the trends of the ICT sector and of the use of ICT products are analyzed with respect to the overall economic effects in Germany in comparison to the U.S. Further analyses were carried out regarding the intensity and effects of e-business. Finally, the influence of different methods of price measurement on productivity was analysed, since this is important for international comparisons of total factor productivity. The study culminates in a growth accounting calculation separating the contributions to economic growth by capital, labor, and technological progress.
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