Abstract

http://ssrn.com/abstract=345361
 
 

References (35)



 
 

Citations (1)



 


 



It's Not What You Make, It's How You Use IT: Measuring the Welfare Benefits of the IT Revolution Across Countries


Tamim Bayoumi


International Monetary Fund (IMF); Centre for Economic Policy Research (CEPR)

Markus Haacker


International Monetary Fund (IMF) - Research Department

September 2002

CEPR Discussion Paper No. 3555

Abstract:     
This Paper analyses the welfare benefits from falling relative prices of IT (Information Technology) goods across a wide range of countries. Using two separate methodologies and datasets, we find that welfare benefits mainly accrue to users of IT, not their producers, because of falling relative prices. This is important, as IT production and use are highly differentiated across countries, and implies that earlier work on how IT production affects real GDP, while useful in calibrating the overall benefits of the IT revolution, are a less valuable way of assessing the distribution of benefits.

Number of Pages in PDF File: 44

Keywords: Technological change, information technology, terms of trade, welfare benefits

JEL Classification: D60, F43, O47, O57

working papers series





Date posted: October 25, 2002  

Suggested Citation

Bayoumi, Tamim and Haacker, Markus, It's Not What You Make, It's How You Use IT: Measuring the Welfare Benefits of the IT Revolution Across Countries (September 2002). CEPR Discussion Paper No. 3555. Available at SSRN: http://ssrn.com/abstract=345361

Contact Information

Tamim Bayoumi (Contact Author)
International Monetary Fund (IMF) ( email )
700 19th Street NW
Washington, DC 20431
United States
202-623-6333 (Phone)
202-623-4795 (Fax)
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
Markus Haacker
International Monetary Fund (IMF) - Research Department ( email )
700 19th Street NW
Washington, DC 20431
United States
202-623-4089 (Phone)
202-589-4089 (Fax)
Feedback to SSRN


Paper statistics
Abstract Views: 994
Downloads: 30
References:  35
Citations:  1

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo5 in 0.500 seconds