CHAPTER 3 - LITERATURE SURVEY: INFORMATION TECHNOLOGY AND PRODUCTIVITY

This chapter surveys the literature on the relationship between information technology and productivity. The first section starts with a description of the conceptual grounding used to analyze the productive effects of information technology capital. This framework is mostly due to Sichel (1997). Section 3.2 summarizes the different theoretical explanations of the productivity paradox. Finally, section 3.3 describes some of the main empirical studies attempting to quantify the effects of IT capital on output and productivity growth.