Accelerating the Globalization of America: The Role for Information TechnologyColumbia University Press, 2006 M06 15 - 256 pages Information technology (IT) was key to the superior overall macroeconomic performance of the United States in the 1990s—high productivity, high growth, low inflation, and low unemployment. But IT also played a role in increasing earnings dispersion in the labor market—greatly rewarding workers with high education and skills. This US performance did not happen in a global vacuum. Globalization of US IT firms promoted deeper integration of IT throughout the US economy, which in turn promoted more extensive globalization in other sectors of the US economy and labor market. How will the increasingly globalized IT industry affect US long-term growth, intermediate macro performance, and disparities in the US labor market? What policies are needed to ensure that the United States remains first in innovation, business transformation, and education and skills, which are prerequisites for US economic leadership in the 21st century? This book traces the globalization of the IT industry, its diffusion into the US economy, and the prospects and implications of more extensive technology-enabled globalization of products and services. |
Contents
Why Focus on Information Technology? | 1 |
Chapter 2 Linkages Between US Firms and Global Markets for IT Products | 11 |
Chapter 3 Globalization and IT Prices Diffusion and Productivity | 61 |
Chapter 4 Information Technology Outsourcing and the New International Trade in Services | 97 |
Chapter 5 Information Technology and Labor Markets | 125 |
Chapter 6 Globalization of Innovation | 159 |
Chapter 7 A Look Forward with a Policy Agenda | 191 |
Appendix A Methodology and Definitions | 201 |
213 | |
223 | |
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Accelerating the Globalization of America: The Next Wave of Information ... Catherine L. Mann No preview available - 2006 |
Common terms and phrases
activities assets Australia average Bureau of Economic Canada capital China classification competition Computers and peripherals costs cross-border trade decline demand direct investment domestic Economic Analysis educational attainment elastic Electronics employment engineering expenditure exports figure firms foreign affiliates foreign parents global production global spending global square H-1B visa H-1B visa holders hardware important increased increasingly India industry information technology innovation Intel international trade intrafirm trade iPod Japan Korea L-1 visa labor market majority-owned Malaysia manufacturing ment merger and acquisition NAICS NASSCOM networks number of H-1B occupations OECD overall percent of total personal computers petitions granted potential productivity growth ranking research intensity role semiconductors services and software share Singapore skills social savings software and services Source Statistics surveys Taiwan technological change Telecom tion tradable trade in services trend unaffiliated United Kingdom United States n.a. US-located venture finance workers workforce