Please enable JavaScript.

Coggle requires JavaScript to display documents.

IT Productivity (Own Productivity (Brynjolfsson and Hitt1996 (Findings…

- - - - Dollar for Dollar, spending on IT creates more value than spending on any other capital
      - Large positive returns on IT Staff
      - There is no productivity paradox for 1987-1991
  - - - Short run contributions of computers are equal to their costs
      - As time horizon increases contribution rises substantially above capital costs, suggesting that in the long run, it contributes to MFP
  - - - Q=F(IT, K, L)
      - 36 countries, 9 years
      - Time Fixed Effects
      - Country Fixed and Country Random Effects
    - - Overall insignificant IT
      - Split sample - Developed have significant IT. Developing have non-significant IT
      - Experience curves for IT - First build complementary capabilities in non-IT capital and labor capabilities before investing in IT