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II. Proceedings: Introduction
Pages 27-30

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From page 29...
... Jorgenson welcomed the audience to the fifth in a series of symposia sponsored by the National Research Council's Board on Science, Technology, and Economic Policy (STEP) and devoted to the theme "Measuring and Sustaining the New Economy." To counter the view that the New Economy had "disappeared in the year 2000," he pointed out that recent figures indicated that, since the end of the previous recession in 2001, productivity growth had been running about two-tenths of a percentage point higher than in any recovery of the post-World War II period.
From page 30...
... The fourth symposium of the series, held in February 2004, examined developments in software technology, which he described as a "much less tractable topic." STEP will publish a report on that meeting as well. THE NEW ECONOMY: A COMPREHENSIVE PICTURE Taken together, the work sponsored by STEP under the rubric Measuring and Sustaining the New Economy -- examining the specifics of semiconductor technology, the base technology driving the pace of technological development; computing; software; and, at the current meeting, telecommunications -- has produced the most detailed and comprehensive picture available to date of what is known as the New Economy.


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