TY  - RPRT
        AU  - Acemoglu, Daron
AU  - Autor, David
AU  - Dorn, David
AU  - Hanson, Gordon H.
AU  - Price, Brendan
        TI  - Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing
        PY  - 2014/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 7906
        UR  - https://www.iza.org/index.php/publications/dp7906
        AB  - An increasingly influential "technological-discontinuity" paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT-intensive industries depending on the exact measures, though not since the late 1990s. Most challenging to this paradigm, and our expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases, when detectable, result from the even faster declines in employment.
        KW  - Solow paradox
KW  - employment
KW  - IT capital
KW  - productivity
        ER  -