English, Article edition: The Information Technology Productivity Paradox Mehmet Yorukoglu

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/57986
Physical Description
  • article
Language
  • English

Edition details

Title
  • The Information Technology Productivity Paradox
Author
  • Mehmet Yorukoglu
Physical Description
  • article
Notes
  • A vintage capital model where the firm makes decisions about whether to replace or upgrade its old capital stock with new capital is developed in this paper. The model is used to study how technological characteristics of capital affect investment behavior. In particular, it is asked how the rate of technological advance, the compatibility between capital stocks of different vintages, and the extent of learning-by-doing affect investment behavior. The model sheds light on the "information technology productivity paradox." The results suggest that the paradox may just be an artifact of the estimation procedures used, which ignore the vintage features of capital. Finally, the key implications of the model are tested using firm-level data. The data support the implications of the model that information technology (IT) capital is associated with a strong learning-by-doing effect and that IT capital investment is lumpier than other kinds of capital investment. (Copyright: Elsevier)
  • RePEc:red:issued:v:1:y:1998:i:2:p:551-592
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment