RIETI Dscusson Paer Seres 02-J-08
RIETI Dscusson Paer Seres 02-J-08 IT nvesmen and roducvy growh of Jaan economy and comarson o he Uned Saes 2002 0 975 2000 990 990 Jorgenson 990 990 JEL Classfcaon: O30O47O53
90 2000 90 IT 990 90 GDP.4% Dgal Economy ( US DOC(2002)) Olner and Schel (2000)Jorgenson and Sroh (2000) 990 90 (2000) IT 93SN OECD OECD OECD(200) NIP Jorgenson (200) 2
TFP () (Growh ccounng Mehod) ϕ ϕ L L s s Y Y L ϕ ϕ ) ( L L s L L Y Y ϕ ϕ ) ( ) ( L L s L L s L L Y Y noit noit noit IT IT IT Rober 3
Solow Solow(957) Solow(966) Y L Yf(L) () SkSl F L Y Y L L (2) L Pl Jorgenson Jorgenson (963) Pk 0 d R m d d ) ( 2 Y L (989) 4
) ( R δ 0 q d q s s r q D q q m q q q d d q q q ) ( ( ) D r ) / δ D ) ( r δ 3 5
Y ) ln( ) ln( P P v ) ( 2 v v v k k P P v ) ln( ) ln( P P w ) ( 2 w w w P P w 6
) ln( ) ln( () 970 973 2000 4 WPI CPI 5 4 975 5 WPI 200 7
5 500 300 3 80 WPI( CPI CSPI) WPI qualy consan WPI 5 WPI CPI 8
NIP GDP SN GDP BE 970 9
973 970 73 970 73 973 973 g g g g 3 2 δ δ δ 973 g δ 0 ) ( q d u q ) ( r u δ ) ( r u κ δ (998) (998) 0
2000 40 40 80 WPI Hedonc CSPI 2000 995 332 940 7% 285 (2%) 07 (8) 77 8 0 (4) 6 5 2
995 5 () (3) 975 995 995 2000 995 95 6.48% 95 2.80 0.8%.69% 95 95 95-3
Y Y s L IT noit IT ( ) s noit ( ) sl ( ) L IT noit ϕ ϕ 3 Jorgenson (200) SN Sk 992 EO 6 93 EO 992 EO SL 93 EO SNa SN2a 3 Jorgenson (200) SN GDP 6 996 4
3 3 3 ( ( ( ) ) SN ) SN SN GDP (2) 975 2000 5 TFP 980 3% 5 990 990 995 990 TFP TFP IT TFP 990 TFP IT 90 5
Jorgenson (200) Jorgenson(200) 990 TFP 995 2000 % 0.5% 995 TFP TFP 6
TFP TFP () Basu996TFP TFP TFP 990 TFP TFP 990 TFP 2 3 TFP 990 TFP TFP 990 95 0.9% 0.57% 995 ~2000 0.5% 0.74% 990 TFP 0.5% 7
TFP Jorgenson and Sroh (2000) BE Jorgenson and Sroh (2000) WPI BE Jorgenson and Sroh (2000) case case2 WPI BE WPI BE WPI CSPI BE TFP 8
BE TFP TFP 995 2000 TFP 0.74 0.36 Jorgenson200BE BE TFP 990 0.66 990 Jorgenson (200) TFP 9
990 990 TFP IT TFP IT 7 Brynjolfsson and H (995) (Bresnahan e. al. (2000)) CD/CM ERP Moohash (200) IT Research Queson 7 Grlches(992) NBER Brookng Insuon 20
970 995 5 970 995 5 70 75 80 85 90 95 85 90 90 () 5 (2) - (3) (4) (5) 97 90-95 97 98 2000 97 2
95 WPI 70 CPI) CPI WPI( CPI) WPI( WPI( CPI) 22
23
95 (Prvae Consumon Exendure) 35-0 352-0 (353-0) (7-0) (7-02) (7-03) (253-03) 3-0 3-09 332033202332099 8520 uos Trucks Ohers (RVs) Furnure Chna Glassware Oher Durables Comuers Vdeo and udo 32-0 37-0 (372-0) (39-0) Oher (39-02) (399-0) Jewelry Ohhalmc Books and Mas Wheel Goods 24
25
26
27
8 Parker and Grmm (2000) 28
29
30
3
P P r P δ ( P P ) P P r P δ ( P P ) P P u z ( P r P δ ( P P ) P ) u δˆ ˆ δ z r ˆ δ 32
(989) (996) No.8 (2000)IT No.4 2 0 (200) Workng Paer 0-6 (998)998 0 Basu S (996) Procyclcal Producvy: Increasng Reurns or Cyclcal Ulzaon? Quarerly Journal of Economcs Vol. No. 3.. 79-75. Bresnahan T. Brynjolffson E. and L. H (2000) IT Worklace Organzaon and he Demand for Sklled Labor: Frm Level nalyss Quarerly Journal of Economcs Brynjolffson E. and L. H (995) Informaon Technology as a Facor of Producon he Role of Dfferences among Frms Economcs of Innovaon and New Technology vol. 3. 83-99 Grlches Z. (992) Inroducon n Z. Grlches ed. Ouu Measuremen n he Servce Secor Chcago Press. Ho S. M. Jorgenson D. W. and. Sroh (999) US Hgh-Tech Invesmen and he Pervasve Slowdown n he Growh of Caal Servces Seember 29 999 mmeo Jorgenosn D. W. (200) Informaon Technology and he US Economy mercan Economc Revew vol. 9 No. March 200 Jorgenson D. W. (889) Caal as a Facor of Producon In Technology and Caal Formaon Jorgenson and Landau ed. Cambrdge M MIT Press Jorgenson D. W. ( 963) Caal Theory and Invesmen Behavor mercan Economc Revew vol. 57 No. 3 May 963. 27-224 Jorgenson & Sroh Rasng he Seed Lm: US Economc Growh n he Informaon ge Brookng Paer on Economc cves 200 Moohash. (200) Economc nalyss of Informaon Nework Use : Organzaonal and Producvy Imacs on Jaanese Frms mmeo OECD (2000) OECD Producvy Manual: Gude o he Measuremen of Indusry-Level and ggregae Producvy Growh-Revson 2.2 OECD Pars OECD (200) The Imac of Informaon and Communcaon Technologes on Ouu Growh: Issues and Prelmnary Fndngs DSTI/ES/IND/SWP(200) 33
Olner & Schel (2000) The Resurgence of Growh n he Lae 990 s: Is Informaon Technology he Sory FRB dscusson aer May 2000 Parker R. and B. Grmm (2000) Recognon of Busness and Governmen Exendure for Sofware as Invesmen: Mehodology and Quanave Imacs 959-98 BE US Dearmen of Commerce Solow R. M. (963) Conrbuon o he Theory of Economc Growh Quarerly Journal of Economcs vol. 70 no. February 966. 65-94 Solow R. M. (957) Techncal Change and he ggregaed Producon Funcon Revew of Economcs and Sascs vol. 39 No. 2 ugus 957. 32-320 US Dearmen of Commerce (2002) Dgal Economy 2002 US Dearmen of Commerce Economcs and Sascs dmnsraon 34