Information Technology and Australia’s Productivity Surge

CONTENTS

Preliminaries
Cover, Copyright, Contents, Acknowledgments, Abbreviations, Key messages

Overview
Analysing the productivity gains from ICTs
The message from US studies — gains come from use and not just production
Australia is an advanced ICT user, not producer
ICT contributions to productivity growth — the US and Australia compared
An industry perspective
Conclusions
Implications

1 Introduction
1.1 The dawn and demise of the ‘new economy’?
1.2 Australia and the new economy paradigm
1.3 Objectives and scope of the paper

2 Australia's production and use of ICTs
2.1 Measurement of ICTs
2.2 Indicators of production and use of ICTs
2.3 Summary and assessment

3 The growth accounting framework
3.1 Accounting for output growth
3.2 Accounting for productivity growth
3.3 Capturing quality changes
3.4 Capturing the gains from ICTs in theory and practice

4 The US evidence
4.1 The contribution to US output growth
4.2 The contribution to US productivity growth
4.3 Summary

5 Contribution of IT in Australia
5.1 The growth of IT in Australia
5.2 Contribution to output growth
5.3 Contribution to productivity growth
5.4 Industry perspective
5.5 Summary

A Australia's production and use of ICTs

B IT use and productivity trends
B.1 Prices
B.2 Growth in IT investment
B.3 IT productive capital stock
B.4 Capital income
B.5 Industry IT use
B.6 Industry IT use and productivity growth

References