Table of Contents
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Front Matter	i-xviii
I. Executive Summary	1-6	(skim)
II. Introduction	7-28	(skim)
III. Proceedings	29-30	(skim)
Introduction	31-31	(skim)
Welcome to the New Economy	32-43	(skim)
Panel I: Defining and Measuring the New Economy	44-49	(skim)
Raising the Speed Limit: U.S. Economic Growth in the Information Age	50-59	(skim)
Panel II: Drivers of the New Economy	60-61	(skim)
Semiconductors: The Arrival of the New Economy	62-68	(skim)
Semiconductors: Economics of the New Economy	69-73	(skim)
Microprocessors and Computers: Five Trends	74-81	(skim)
Microprocessors and Computers: The Phenomenon of Price Declines	82-88	(skim)
Panel III: Communications and Software	89-89	(skim)
Communications	90-94	(skim)
Software: The Challenge to Getting There	95-99	(skim)
Panel IV: Applications and Policy Issues	100-100	(skim)
Communications	101-104	(skim)
Economic Issues of E-Business	105-110	(skim)
E-Business Policy Issues	111-114	(skim)
Investments in Information Technology Applications	115-118	(skim)
Old Business to E-Business: The Change Dynamic	119-123	(skim)
Panel V: Roundtable Discussion	124-134	(skim)
IV. Appendices	135-136	(skim)
A. Raising the Speed Limit: U.S. Economic Growth in the Information Age	137-222	(skim)
B. Biographies of Speakers	223-238	(skim)
C. Participants List	239-242	(skim)
D. Bibliography	243-250	(skim)

Description

Sustaining the New Economy will require public policies that remain relevant to the rapid technological changes that characterize it. While data and its timely analysis are key to effective policy-making, we do not yet have adequate statistical images capturing changes in productivity and growth brought about by the information technology revolution. This report on a STEP workshop highlights the need for more information and the challenges faced in measuring the New Economy and sustaining its growth.

Measuring and Sustaining the New Economy:

Report of a Workshop

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