Excerpt from The Economics of Information Technology Explaining the Productivity Paradox
We suggested earlier that resource sharing is achieved by division that is, by dividing the resource into parts (these being sub-divisions in space or time) and then associating each part with some determinate use. This 'association requires an act of information, or a logical coupling (and, subsequently, decoupling) of two or more discrete entities. To achieve this, the entities (a part of a resource, and its associated use) must each be represented in logical form, as must be the nature of their association its duration, cost or limitations). Each logical form, in turn, must be distinct (since the parts and uses are discrete), leading ultimately to the idea that the extent of resource sharing will be limited by (1) the supply of distinct logical forms, and (2) the cost of their coupling and decoupling.
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Paperback. Zustand: New. Print on Demand. This book explores the impact of advancements in technology, particularly in relation to information processing, on economic output and productivity. The author argues that these advancements have led to a shift towards service-intensive production, characterized by greater product differentiation and variety. However, current methods of productivity measurement fail to fully capture the value of these indirect, service-related outputs. As a result, the book suggests that the decline in productivity growth observed in recent decades is, in part, an illusion caused by inadequate accounting practices. The author concludes that a more accurate understanding of the role of information technology in economic growth is crucial for developing effective economic policies in the 21st century. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781330427927_0
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330427927
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330427927
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