Format Online paper / PDF
Location PART 2 - FOUR HIDDEN CHIMNEYS CHAPTER 10: BUILDING-BLOCK REALITY Symbiotic, Rather than Adversarial

"From 1988 to 2023, non-IT U.S. industries generated about 55% of private-business TFP growth while representing about 92% of private-business value added."

The Chicago Fed reports the complementary result that non-IT sectors accounted for about 55% of TFP growth and 92% of value added over the period.

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Source title Concentrated Growth: The Role of the IT Sector
Source authors Joel M. David; Gustavo de Souza; Adalyn G. Schommer
Source year 2025
Confidence high
Importance high
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