Arndt, Sven W. (contributor) - 2002 - [Elektronische Ressource]
), while the other contains
“new economy” industries (like information-based, software, and high tech manufacturing).
16 … is shocked by the arrival of a general-purpose technology (GPT) in the new
economy, together with a world price decline … information revolution
coincided with depressed world commodity prices. The GPT shock boosts productivity in the
new economy …