--- canonical_url: "https://csls.ca/ipm-archive/issue-2/whats-new-about-the-new-economy-it-economic-growth-and-productivity/" title: "What’s New About the New Economy? IT, Economic Growth and Productivity" author: name: "CSLS" url: "https://csls.ca/author/cslc/" date_published: "2026-07-10T09:13:03+00:00" date_modified: "2026-07-13T06:38:08+00:00" post_type: "ipm" summary: "" ipm_issue_period: - "Spring 2001" ipm_keyword: - "business cycle" - "economic growth" - "information technology" - "IT investment" - "new economy" - "productivity" - "TFP" - "United States" ipm_research_theme: - "Productivity trends and comparisons" - "Technology and innovation" ipm_country_focus: - "United States" featured_image: "https://csls.ca/wp-content/uploads/2026/06/IPM_50_banner.webp" status: "publish" --- # What’s New About the New Economy? IT, Economic Growth and Productivity Canonical URL: https://csls.ca/ipm-archive/issue-2/whats-new-about-the-new-economy-it-economic-growth-and-productivity/ # What’s New About the New Economy? IT, Economic Growth and Productivity [Download full PDF article](https://csls.ca/wp-content/uploads/2026/07/IPM-Issue-2-3-Bosworth-Triplett.pdf) Cite this article × Cite this article as: Bosworth, Barry, and Jack Triplett. 2001. “What’s New About the New Economy? IT, Economic Growth and Productivity.” International Productivity Monitor, No. 2 (Spring 2001): 19–30. https://www.csls.ca/ipm-archive/issue-2/whats-new-about-the-new-economy-it-economic-growth-and-productivity/ ## Authors: - Barry Bosworth Brookings Institution - Jack Triplett Brookings Institution ## IPM Issue 2 Spring 2001 pp. 19–30 ## Related IPM articles [Efficiency Adjustment of Hours Worked: Two Possible Modifications of a Jorgensen Production Model Barbara Fraumeni Fall 2025 | IPM Issue 49 | pp. 103–115](https://csls.ca/ipm-archive/ipm-issue-49/efficiency-adjustment-of-hours-worked-two-possible-modifications-of-a-jorgensen-production-model/) [Labour Productivity as a Measure of Technological Change Ulrich Kohli Fall 2025 | IPM Issue 49 | pp. 64–81](https://csls.ca/ipm-archive/ipm-issue-49/labour-productivity-as-a-measure-of-technological-change/) [The Relationship between Efficiencies Defenses for Mergers and TFP Growth Robin Shaban Fall 2025 | IPM Issue 49 | pp. 82–102](https://csls.ca/ipm-archive/ipm-issue-49/the-relationship-between-efficiencies-defenses-for-mergers-and-tfp-growth/) [Adult Skills and Productivity: New Evidence from PIAAC 2023 Dan Andrews, Balázs Égert, Christine de La Maisonneuve Fall 2025 | IPM Issue 49 | pp. 41–63](https://csls.ca/ipm-archive/ipm-issue-49/adult-skills-and-productivity-new-evidence-from-piaac-2023/) [The Potential Impact of Pro-competitive Regulatory Reforms on Productivity and Growth in Canada Gilbert Cette, Jimmy Lopez, Giuseppe Nicoletti, Océane Vernerey Fall 2025 | IPM Issue 49 | pp. 3–40](https://csls.ca/ipm-archive/ipm-issue-49/the-potential-impact-of-pro-competitive-regulatory-reforms-on-productivity-and-growth-in-canada/) [IPM Issue 49 Editors’ Overview Andrew Sharpe, Bart van Ark, Paul Schreyer Fall 2025 | IPM Issue 49 | pp. 1–2](https://csls.ca/ipm-archive/ipm-issue-49/) [De-industrialization and the Great Productivity Slowdown: What Comes Next? 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The article reviews IT’s contribution through both aggregate demand (a surge in business investment and consumption) and supply-side channels (TFP acceleration in IT-producing and IT-using industries). The authors conclude that the productivity acceleration is real but that sustainability depends on continued IT-driven efficiency gains across the broader economy. Cet article examine le rôle des technologies de l’information (TI) dans les performances économiques exceptionnelles des États-Unis dans les années 1990, soutenant que les effets économiques des TI sont mieux saisis par l’analyse économique conventionnelle qu’on ne le suppose généralement — l’impact des TI est plus important qu’auparavant, sans être fondamentalement différent dans sa nature. L’article passe en revue la contribution des TI par le biais de la demande globale (une forte hausse de l’investissement des entreprises et de la consommation) et des canaux du côté de l’offre (accélération de la PMF dans les industries productrices et utilisatrices de TI). Les auteurs concluent que l’accélération de la productivité est réelle, mais que sa durabilité dépend de la poursuite des gains d’efficience tirés par les TI dans l’ensemble de l’économie. [Download full PDF](https://csls.ca/wp-content/uploads/2026/07/IPM-Issue-2-3-Bosworth-Triplett.pdf)