The Digital Road to Recovery: A Stimulus Plan to Create Jobs, Boost Productivity and Revitalize America

22 Pages Posted: 29 Jan 2009

See all articles by Robert D. Atkinson

Robert D. Atkinson

Information Technology and Innovation Foundation

Daniel Castro

Information Technology and Innovation Foundation

Stephen J. Ezell

Information Technology and Innovation Foundation

Date Written: January 7, 2009

Abstract

As Congress considers a substantial stimulus package to get the economy moving, investing in new economy digital infrastructures will provide significant opportunities not just for short-term stimulus and job creation, but also longer term economic and social benefits. In the report, "The Digital Road to Recovery: A Stimulus Plan to Create Jobs, Boost Productivity and Revitalize America," ITIF provides a detailed analysis and estimate of the short-term jobs impacts of spurring investment in three critical digital networks: broadband networks, the smart grid (making the electric distribution system intelligent) and health IT, and outlines policy steps to spur this investment.

ITIF finds that investments in America's digital infrastructure will spur significant job creation in the short run. Specifically, ITIF estimates that spurring an additional investment of $30 billion in America's IT network infrastructure in 2009 will create approximately 949,000 U.S. jobs.

Keywords: economics, employment, stimulus, jobs, infrastructure, broadband, electronic health records, smart grid, grid

JEL Classification: A00, A10, J18

Suggested Citation

Atkinson, Robert D. and Castro, Daniel and Ezell, Stephen J., The Digital Road to Recovery: A Stimulus Plan to Create Jobs, Boost Productivity and Revitalize America (January 7, 2009). Available at SSRN: https://ssrn.com/abstract=1334688 or http://dx.doi.org/10.2139/ssrn.1334688

Robert D. Atkinson

Information Technology and Innovation Foundation ( email )

1101 K Street N.W.
Suite 610
Washington, DC 20005
United States

Daniel Castro (Contact Author)

Information Technology and Innovation Foundation ( email )

1101 K Street NW
Suite 610
Washington, DC 20005
United States

Stephen J. Ezell

Information Technology and Innovation Foundation ( email )

1101 K Street N.W.
Suite 610
Washington, DC 20005
United States

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