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首页> 外文期刊>Oxford Review of Economic Policy >THE NEW ECONOMY IN GROWTH AND DEVELOPMENT
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THE NEW ECONOMY IN GROWTH AND DEVELOPMENT

机译：增长与发展的新经济

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摘要

The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use of information and communication technology (ICT) seems to have had a substantial impact on the performance of the United States economy, the evidence for other countries is much weaker. This study does not find any significant correlation between ICT investment and economic growth in the period 1985-99 for a sample of 42 countries for which ICT spending data are available. Even more surprisingly and in contrast with some previous studies, the relationship is not statistically significant for the sub-samples of industrial or high-income countries either. There are at least three possible explanations for this apparent 'productivity paradox'. The most obvious is the fact that not many countries, other than the USA, have yet invested much in ICT. The second reason is that even if they have done so, they may not have invested enough in complementary infrastructure, such as education and skills, in order to reap the benefits from ICT investment. Technology by itself is not a solution to any development problem; it only provides an opportunity. The third and the most controversial explanation is that the neoclassical method applied in assessing the benefits may not capture the most essential aspects of the New Economy or the ICT revolution. The benefits may not lie in the supply side of the economy but in the demand side.
机译：新经济的好处应归因于生产力和经济增长的改善。但是，尽管信息和通信技术（ICT）的使用似乎对美国经济的表现产生了重大影响，但其他国家的证据却薄弱得多。这项研究没有发现1985-99年间ICT投资与经济增长之间有任何显着相关性，该样本来自42个可获得ICT支出数据的国家。更令人惊讶的是，与先前的一些研究相比，该关系对于工业国家或高收入国家的子样本在统计上也不显着。对于这种明显的“生产率悖论”，至少有三种可能的解释。最明显的事实是，除了美国以外，没有多少国家在信息通信技术上投入了很多资金。第二个原因是，即使他们这样做了，他们可能仍未在教育和技能等互补基础设施上投入足够的资金，以从ICT投资中获得收益。技术本身并不是解决任何发展问题的方法。它只提供机会。第三个也是最有争议的解释是，用于评估收益的新古典方法可能无法捕捉到新经济或ICT革命的最重要方面。收益可能不在于经济的供应方，而在于需求方。

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