1. Information and communication technologies: The power of productivity (Part I).
- Author
-
Laitner, John A. and Ehrhardt-Martinez, Karen
- Subjects
INFORMATION & communication technologies ,UNITED States economy ,INFORMATION technology & economics ,TECHNOLOGICAL innovations & economics ,INDUSTRIAL productivity ,ENERGY consumption ,ENERGY conservation ,COST control ,ECONOMICS - Abstract
The article discusses the role of information and communication technologies (ICT) in economic production and energy consumption in the U.S. It states that big cost reductions and significant new ICT innovations have merged to push the expansion and diffusion of latest applications. It also notes that ICT innovations has caused higher levels of economic productivity and increased the cost-effective energy savings of the country's economy. Several evidences of the impact of ICT innovations are also presented including increase of total energy savings of the U.S. economy, the actualization of ICT-driven energy savings, and the reduction of economic energy waste and increase in energy efficiency.
- Published
- 2008
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