Two Centuries of Productivity Growth in Computing

@article{Nordhaus2007TwoCO,
  title={Two Centuries of Productivity Growth in Computing},
  author={William Nordhaus},
  journal={The Journal of Economic History},
  year={2007},
  volume={67},
  pages={128 - 159}
}
  • W. Nordhaus
  • Published 1 March 2007
  • Economics
  • The Journal of Economic History
The present study analyzes computer performance over the last century and a half. Three results stand out. First, there has been a phenomenal increase in computer power over the twentieth century. Depending upon the standard used, computer performance has improved since manual computing by a factor between 1.7 trillion and 76 trillion. Second, there was a major break in the trend around World War II. Third, this study develops estimates of the growth in computer power relying on performance… 
The Growth of Computational Services
Joining existing databases of computer characteristics, we build a robust long run indicator for computational services. A regime change occurs between 1981 and 1985 with the advent of personal
Superexponential long-term trends in information technology
TLDR
This paper examines long time series of data documenting progress in information technology gathered by [1], and analyzes six different historical trends of progress for several technologies grouped into the following three functional tasks: information storage, information transportation, and information transformation.
Digitization and the Future of Work: Macroeconomic Consequences
Computing power continues to grow at an enormous rate. Simultaneously, more and better data is increasingly available and Machine Learning methods have seen significant breakthroughs in the recent
Web Extra Appendix: Implications of Historical Trends in the Electrical Efficiency of Computing
Our goal for this analysis is an accurate general overview of trends in compute capabilities and power use over time, and for this purpose, the metric of computations per kWh is a reasonable one. We
Digitalization and the Future of Work: Macroeconomic Consequences
Computing power continues to grow at an enormous rate. Simultaneously, more and better data is increasingly available and Machine Learning methods have seen significant breakthroughs in the recent
How Fast are Semiconductor Prices Falling?
The Producer Price Index (PPI) for the United States suggests that semiconductor prices have barely been falling in recent years, a dramatic contrast to the rapid declines reported from the mid-1980s
Does the United States Have a Productivity Slowdown or a Measurement Problem?
After 2004, measured growth in labor productivity and total factor productivity slowed. We find little evidence that this slowdown arises from growing mismeasurement of the gains from innovation in
Does the United States Have a Productivity Slowdown or a Measurement Problem
After 2004, measured growth in labor productivity and total-factor productivity (TFP) slowed. We find little evidence that the slowdown arises from growing mismeasurement of the gains from innovation
Labor Demand in the Past, Present, and Future
Since the beginning of the Industrial Revolution, technological change has led to the automation of existing tasks and the creation of new ones, as well as the reallocation of labor across
Atanasoff’s invention input and early computing state of knowledge
This article investigates the dynamic relationship between a single pursue of an invention and the general US supply of similar activities in early computing during the 1930-1946 period. The
...
1
2
3
4
5
...

References

SHOWING 1-10 OF 36 REFERENCES
The Progress of Computing
The present study analyzes computer performance over the last century and a half. Three results stand out. First, there has been a phenomenal increase in computer power over the twentieth century.
A Note on the Impact of Hedonics and Computers on Real GDP
HERE has been recent speculation about the impact of the use of hedonic price indexes in the measurement of real computer hardware and software expenditures in the U.S. national income and product
Hedonic approaches to measuring price and quality change in personal computer systems
Although computers have long been studied in terms of their changing price/performance ratio, the issue of accounting for performance in computer systems has not been adequately addressed. This paper
Technological Competition and the Structure of the Computer Industry
The authors examine thirty years of computer industry market structure. Their analysis explains the persistence of dominant computer firms, their recent decline, and the changing success of
A SECOND SURVEY OF DOMESTIC ELECTRONIC DIGITAL COMPUTING SYSTEMS..
Abstract : Based on the results of a third survey, the engineering and programming characteristics of 222 different electronic digital computing systems are given. The data are presented from the
Making the Arithmometer Count
The anthm,m~--ter of Charles Xavier Thomas de Colmar ( 178% 1870) has a firmly established place in the history of computing. While the lure's share of recent scholarly attention has been lavished ~m
SPEC CPU2000: Measuring CPU Performance in the New Millennium
As computers and software have become more powerful, it seems almost human nature to want the biggest and fastest toy you can afford. But how do you know if your toy is tops? Even if your application
Changing the Rules: Technological Change, International Competition, and Regulation in Communications
Since 1971 competition has begun to replace regulation as a governing force in the telecommunications industry. The breakup of the national telephone monopolies, technological advances, and the
An invitation to computer science
This revision of Schneider and Gersting's bestselling text now offers a more flexible approach to the CS0 course. The text still features a solid introduction to programming concepts, but the
The Difference Engine
All systems are a product of their histories. Events over time shape the state of OS and application software both for good and bad; while users make forward progress on productive work, bugs and
...
1
2
3
4
...