Why are Semiconductor Prices Falling So Fast?

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ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Why are Semiconductor Prices Falling So Fast? by : Ana Aizcorbe

Download or read book Why are Semiconductor Prices Falling So Fast? written by Ana Aizcorbe and published by . This book was released on 2002 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

How Fast are Semiconductor Prices Falling?

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ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 (97 download)

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Book Synopsis How Fast are Semiconductor Prices Falling? by : David M. Byrne

Download or read book How Fast are Semiconductor Prices Falling? written by David M. Byrne and published by . This book was released on 2015 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Producer Price Index (PPI) for the United States suggests that semiconductor prices have barely been falling in recent years, a dramatic contrast from the rapid declines reported from the mid-1980s to the early 2000s. This slowdown in the rate of decline is puzzling in light of evidence that the performance of microprocessor units (MPUs) has continued to improve at a rapid pace. Roughly coincident with the shift to slower price declines in the PPI, Intel -- the leading producer of MPUs -- substantially changed its pricing behavior for these chips. As a result of this change, we argue that the matched-model methodology used in the PPI for MPUs likely started to be biased in the mid-2000s and that hedonic indexes can provide a more accurate measure of price change since then. Our preferred hedonic index of MPU prices tracks the PPI closely through 2004. However, from 2004 to 2008, our preferred index fell faster than the PPI, and from 2008 to 2013 the gap widened further, with our preferred index falling at an average annual rate of 43 percent, while the PPI declined at only an 8 percent rate. Given that MPUs currently represent about half of U.S. shipments of semiconductors, this difference has important implications for gauging the rate of innovation in the semiconductor sector.

Why are Semiconductor Price Indexes Falling So Fast?

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (93 download)

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Book Synopsis Why are Semiconductor Price Indexes Falling So Fast? by : Ana Aizcorbe

Download or read book Why are Semiconductor Price Indexes Falling So Fast? written by Ana Aizcorbe and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Why Did Semiconductor Price Indexes Fall so Fast in the 1990s? A Decomposition

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Why Did Semiconductor Price Indexes Fall so Fast in the 1990s? A Decomposition by : Ana M. Aizcorbe

Download or read book Why Did Semiconductor Price Indexes Fall so Fast in the 1990s? A Decomposition written by Ana M. Aizcorbe and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Price deflators for semiconductors fell rapidly over the 1990s, pulled down by steep declines in the deflator for the microprocessor (MPU) segment that accelerated around 1995. A decomposition of a price index for Intel's MPUs suggests that virtually all of the declines in the price index-and the acceleration-can be attributed to quality increases associated with product innovation, rather than declines in the cost per chip. The sizable decline in Intel's margins from 1993-99 only accounted for about 6 percentage points of the average 24% decline per quarter in the price index and cannot explain the acceleration. (JEL D42, L63, O47).

Measuring and Accounting for Innovation in the Twenty-First Century

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Publisher : University of Chicago Press
ISBN 13 : 022672817X
Total Pages : 603 pages
Book Rating : 4.2/5 (267 download)

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Book Synopsis Measuring and Accounting for Innovation in the Twenty-First Century by : Carol Corrado

Download or read book Measuring and Accounting for Innovation in the Twenty-First Century written by Carol Corrado and published by University of Chicago Press. This book was released on 2021-05-12 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Measuring innovation is a challenging task, both for researchers and for national statisticians. This task is timely and valuable given that policy and public interest in innovation has become increasingly intense in this era of digital revolution, yet National GDP Accounts and other economic statistics do not fully account for the wide range of innovative activity that is plainly evident in everyday experience. Indeed, innovation has in many ways changed the structure of an increasingly digitized marketplace, from cloud computing to the gig economy. The papers collected in this volume, Measuring and Accounting for Innovation in the Twenty-First Century, address many different dimensions of this challenge, ranging from how to best to define GDP to the fundamental question of what is an innovation and how to collect data at the level of an individual innovation. Taken together, the volume provides a comprehensive overview of the cutting-edge of this widely varied but thematically-connected research that draws on multiple methodologies and data. The editors and authors consider how measurement frameworks could be expanded to enhance our understanding of innovative activity; new approaches and evidence that could account for innovation's economic impact; innovation's effect across the economy, from production processes to labor markets and financial activities; and what practical adjustments could be made to current measurements that would better capture innovation. The distinctive stance of this volume makes clear that the challenge of measuring innovation and understanding its implications has become increasingly complex as the economy has evolved. The editors and authors show that the limitations of our existing measurement system significantly hinder researchers, analysts, and policymakers. Better measures of innovative activity are necessary to interpret the consequences of innovation in daily life and to inform policies that best promote the attendant benefits, including distribution of income, trademark protections, and more. Now, in an era of fake news and alternative facts, it is more important than ever to push for accuracy in basic economic facts"--

Technology, Growth, and the Labor Market

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Publisher : Springer Science & Business Media
ISBN 13 : 1461503256
Total Pages : 277 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Technology, Growth, and the Labor Market by : Donna K. Ginther

Download or read book Technology, Growth, and the Labor Market written by Donna K. Ginther and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology, Growth, and the Labor Market brings together research by economists from academia and the Federal Reserve System. The first section of the volume includes discussions by monetary policymakers with firsthand experience in determining how technology affects productivity, inequality, and macroeconomic growth. Papers in the second section discuss the sources of the surge in labor productivity growth during the latter half of the 1990s and present forecasts of labor productivity growth rates during the next few years. In the third section, the papers focus on the role of technological advances in changes in earnings inequality in the labor market. The authors examine whether inequality should be viewed as a causal result of skill-biased technological change or whether there is a missing link - or perhaps no link - between changes in technology and changes in wage inequality. The final section explores the relationships between computer investment, worker skills, human resource practices, and productivity at the industry and firm levels.

The New Economy in Transatlantic Perspective

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Publisher : Routledge
ISBN 13 : 1134306997
Total Pages : 276 pages
Book Rating : 4.1/5 (343 download)

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Book Synopsis The New Economy in Transatlantic Perspective by : Kurt Huebner

Download or read book The New Economy in Transatlantic Perspective written by Kurt Huebner and published by Routledge. This book was released on 2005-02-03 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pt. 1. Macroeconomics of innovation -- pt. 2. Institutional matrixes -- pt. 3. Spaces of innovation.

The Role of Semiconductor Inputs in it Hardware Price Decline

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis The Role of Semiconductor Inputs in it Hardware Price Decline by : Ana M. Aizcorbe

Download or read book The Role of Semiconductor Inputs in it Hardware Price Decline written by Ana M. Aizcorbe and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sharp declines in semiconductor prices are largely responsible for observed declines in computer prices. Although communications equipment also has a large semiconductor content, communications equipment prices do not fall nearly as fast as computer prices. This paper partly resolves the puzzle - first noted by Flamm(1989) - by demonstrating that prices for chips used in communications equipment do not fall nearly as fast as prices for those chips used in computers, and those differences are large enough to potentially explain all of the output price differences.

Enhancing Productivity Growth in the Information Age

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Publisher : National Academies Press
ISBN 13 : 0309179211
Total Pages : 164 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Enhancing Productivity Growth in the Information Age by : National Research Council

Download or read book Enhancing Productivity Growth in the Information Age written by National Research Council and published by National Academies Press. This book was released on 2007-01-19 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report summarizes a workshopâ€"Strengthening Science-Based Decision-Making: Implementing the Stockholm Convention on Persistent Organic Pollutants held June 7-10, 2004, in Beijing, China. The presentations and discussions summarized here describe the types of scientific information necessary to make informed decisions to eliminate the production and use of Persistent Organic Pollutants (POPs) banned under the Stockholm Convention, sources of information; scientifically informed strategies for eliminating POPs, elements of good scientific advice, such as transparency, peer review, and disclosure of conflicts of interest; and information dealing with POPs that decision makers need from the scientific community, including next steps to make such science available and ensure its use on a continuing basis.

The Economic Impact of ICT Measurement, Evidence and Implications

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Publisher : OECD Publishing
ISBN 13 : 9264026789
Total Pages : 298 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis The Economic Impact of ICT Measurement, Evidence and Implications by : OECD

Download or read book The Economic Impact of ICT Measurement, Evidence and Implications written by OECD and published by OECD Publishing. This book was released on 2004-03-09 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides an overview of the economic impact of ICT on economic performance, and the ways through which it can be measured.

Accelerating the Globalization of America

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Publisher : Columbia University Press
ISBN 13 : 0881324736
Total Pages : 269 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Accelerating the Globalization of America by : Catherine Mann

Download or read book Accelerating the Globalization of America written by Catherine Mann and published by Columbia University Press. This book was released on 2006-06-15 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information technology (IT) was key to the superior overall macroeconomic performance of the United States in the 1990s—high productivity, high growth, low inflation, and low unemployment. But IT also played a role in increasing earnings dispersion in the labor market—greatly rewarding workers with high education and skills. This US performance did not happen in a global vacuum. Globalization of US IT firms promoted deeper integration of IT throughout the US economy, which in turn promoted more extensive globalization in other sectors of the US economy and labor market. How will the increasingly globalized IT industry affect US long-term growth, intermediate macro performance, and disparities in the US labor market? What policies are needed to ensure that the United States remains first in innovation, business transformation, and education and skills, which are prerequisites for US economic leadership in the 21st century? This book traces the globalization of the IT industry, its diffusion into the US economy, and the prospects and implications of more extensive technology-enabled globalization of products and services.

Shifting Trends in Semiconductor Prices and the Pace of Technological Progress

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ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Shifting Trends in Semiconductor Prices and the Pace of Technological Progress by : Ana Aizcorbe

Download or read book Shifting Trends in Semiconductor Prices and the Pace of Technological Progress written by Ana Aizcorbe and published by . This book was released on 2006 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Role of Semiconductor Inputs in IT Hardware Price Decline

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Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis The Role of Semiconductor Inputs in IT Hardware Price Decline by : Ana M. Aizcorbe

Download or read book The Role of Semiconductor Inputs in IT Hardware Price Decline written by Ana M. Aizcorbe and published by . This book was released on 2002 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Policy Issues of the New Economy

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Publisher : Springer Science & Business Media
ISBN 13 : 9783540436980
Total Pages : 272 pages
Book Rating : 4.4/5 (369 download)

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Book Synopsis Economic Policy Issues of the New Economy by : Horst Siebert

Download or read book Economic Policy Issues of the New Economy written by Horst Siebert and published by Springer Science & Business Media. This book was released on 2002-08-23 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume addresses trends, causes, and consequences of the new economy in micro- and macroeconomic terms. Modern information and communications technologies increase the efficiency of traditional activities and pave the way for creating new activities and products. How will market participants cope with the challenges of the new economy and which role will governments play in a dramatically changing world? The book presents a thorough analysis of the effects of new technologies and products on overall productivity and on goods markets, labor markets, and financial markets. It also deals with the implications of the new economy for the welfare state and discusses the issue of whether there is a need for new regulatory devices, in particular in the field of international trade in goods and services.

Business Strategy in a Semiglobal Economy

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Publisher : Routledge
ISBN 13 : 1317475496
Total Pages : 232 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Business Strategy in a Semiglobal Economy by : Panos Mourdoukoutas

Download or read book Business Strategy in a Semiglobal Economy written by Panos Mourdoukoutas and published by Routledge. This book was released on 2015-03-26 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This groundbreaking text provides both theory and strategy for operating in a semiglobal economy in which international businesses must compete in highly globalized and highly localized markets at the same time. Unlike the traditional transnational and matrix corporate models, a semiglobal corporation organizes its operations according to the global/local content of its value propositions rather than according to geographical regions, products, or contribution to the parent company's performance. As an example of a semiglobal corporation, the Honda Motor Company has a global vision when it comes to highly global bundles like car engines, and a local vision when it comes to highly localized car financing and servicing. Designed as a supplementary text for courses in international business, development economics, marketing, and strategic planning, "Business Strategy in a Semiglobal Economy" raises important challenges to the conventional models of business organization and the competitive strategies that proceed from them.

Transforming Enterprise

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Publisher : MIT Press
ISBN 13 : 9780262541770
Total Pages : 558 pages
Book Rating : 4.5/5 (417 download)

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Book Synopsis Transforming Enterprise by : William H. Dutton

Download or read book Transforming Enterprise written by William H. Dutton and published by MIT Press. This book was released on 2005 with total page 558 pages. Available in PDF, EPUB and Kindle. Book excerpt: How people are using information technology to reshape the way the world communicates, works, and learns--across organizational boundaries and through all sectors of society.

Productivity and Cyclicality in Semiconductors

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Publisher : National Academies Press
ISBN 13 : 0309092744
Total Pages : 214 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Productivity and Cyclicality in Semiconductors by : National Research Council

Download or read book Productivity and Cyclicality in Semiconductors written by National Research Council and published by National Academies Press. This book was released on 2004-11-20 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hosted by Harvard University's Kennedy School of Government, this symposium brought together leading technologists and economists to review technical challenges facing the semiconductor industry, the industry's business cycle, the interconnections between the two, and the implications of growth in semiconductors for the economy as a whole. This volume includes a summary of the symposium proceedings and three major research papers. Topics reviewed encompass the industry technology roadmap, challenges to be overcome to maintain the trajectory of Moore's Law, the drivers of the continued growth in productivity in the U.S. economy, and economic models for gaining a better understanding of this leading U.S. industry.