For nearly 30 years, Dale Jorgenson has been a towering figure in the fields of econometrics and the economics of technical change. This volume is essential for any serious student and has the added benefit of being a delight to read. I particularly enjoyed Dale's analysis of the information technology revolution which is growing both in its pace of progress and its impact on the economy.
Erik Brynjolfsson, Schussel Professor, Sloan School of Management, MIT, and editor of Understanding the Digital Economy (MIT Press, 2000)
Jorgenson is the leading scholar of productivity growth of his generation. In this important book, he demonstrates the critical role that information technology played in the U.S. productivity growth resurgence of the late 1990's.
Vernon W. Ruttan, Regents Professor Emeritus in the Departments of Applied Economics and Economics, University of Minnesota
This latest collection of papers by Dale Jorgenson provides an extraordinary lesson in how to do economic research at the highest level. Each chapter is clearly written, examines a range of important issues in depth, and demonstrates an amazing mastery of theory, data, and econometric methods. What more could you want?
Martin Neil Baily, Senior Fellow, Institute for International Economics, and former Chairman, Council of Economic Advisers
Professor Jorgenson's path-breaking studies of the impact of information technology on economic growth and productivity are must reading for those interested in rigorous analysis of the 'new economy.' More generally, Jorgenson's work offers fresh and timely insights into the channels through which new technology has reshaped economic activity.
Kenneth S. Flamm, Director, Technology and Public Policy Program and Dean Rusk Chair in International Affairs, Lyndon B. Johnson School of Public Affairs, University of Texas at Austin
Dale Jorgenson has defined the frontier in productivity research for more than three decades. His latest pioneering work on the contribution of IT and computers to economic growth is cutting-edge and establishes the benchmark against which future research will be measured.
Robert J. Gordon, Stanley G. Harris Professor in the Social Sciences, Department of Economics, Northwestern University
The papers in this volume reconfirm Dale Jorgenson's preeminence as a master of applied economics. They are models of imaginative conceptualization, meticulous data handling, and consummate command of economic theory and econometric methods. It is truly a joy to see the tools of economic theory and of econometrics applied with such elegance, art and skill—especially so when it it is to problems of great relevance in today's world.
Arnold C. Harberger, Department of Economics, University of California, Los Angeles
