Eliasson, Gunnar and, Dan Johansson and Erol Taymaz

Paper presented at the 27th General Conference of The International Association for Research in Income and Wealth, Djurhamn (Stockholm Archipelago), Sweden18 to 24 August 2002

The IT, the Internet, or the Computing & Communications technology revolution has been central to the economic discussion for several decades. Before the mid-1990s the catch word was the “productivity paradox” coined by Robert Solow, who stated in 1987 that “computers are everywhere visible, except in the productivity statistics”. The New Economy, suddenly became the catch word of the very late 1990s. Its luster however, faded almost as fast as it arrived with the dot.com deaths of the first years of the new millennium.....

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