摘要：We use a new industry-level dataset to quantify the role of ICT in explaining
productivity growth in the UK, 1970-2000. The dataset is for 34 industries
covering the whole economy (31 in the market sector). Using growth accounting,
we find that ICT capital played an increasingly important, and in the 1990s the
dominant, role in accounting for labour productivity growth in the market
sector. Econometric evidence also supports an important role for ICT. We also
find econometric evidence that a boom in complementary investment in the 1990s
could have led to a decline in the conventional measure of TFP growth.
