Abstract:
This paper measures the contribution of information productivity to the economic growth by a revised Cobb-Douglas production function which takes capital, labor and infor...Show MoreMetadata
Abstract:
This paper measures the contribution of information productivity to the economic growth by a revised Cobb-Douglas production function which takes capital, labor and information as three elements. The result shows that information productivity contributes the most to the economic growth. Meanwhile, we also compare China with other high income countries and find that information input has stronger multiplier effect in China than high income countries.
Date of Conference: 20-21 October 2012
Date Added to IEEE Xplore: 06 December 2012
ISBN Information: