Acknowledgments

This chapter is reprinted with permission from Journal of Economic Perspectives 14, no. 4 (Fall 2000): 23–48. Portions also appear in MIS Review and in an edited volume, The Puzzling Relations Between Computer and the Economy, Nathalie Greenan, Yannick Lhorty, and Jacques Mairesse, eds., MIT Press, 2001.

The authors thank David Autor, Brad DeLong, Robert Gordon, Shane Greenstein, Dale Jorgenson, Alan Krueger, Dan Sichel, Robert Solow, Kevin Stiroh, and Timothy Taylor for valuable comments on (portions of) earlier drafts. This work was funded in part by NSF Grant IIS-9733877.