The Internet—or more broadly the information, communications, and technology sector—is widely credited as one of the primary engines of the U.S. economy over the last two decades. Exactly how much this sector has contributed to economic expansion is surprisingly unclear as previous economic research provides no consistent answer.
But in a "new report,(
The Contribution of the Information, Communications, and Technology Sector to the Growth of U.S. Economy: 1997-2007)":http://hudson.org/research/10545-the-contribution-of-the-information-co… Hudson Senior Fellow Harold Furchtgott-Roth and Research Associate Jeffrey Li calculate that the sector accounted for approximately 20 percent of U.S. economic growth between 1997 and 2002 and nearly 10 percent of growth between 2002 and 2007. Using recently released statistics from the Department of Commerce’s Bureau of Economic Analysis, the authors also determine that the sector-spurred growth during these periods added about $582 billion and $340 billion in 2013 dollars, respectively, to U.S. economic gross output.
On September 8th, Hudson Institute’s Center for the Economics of the Internet hosted a seminar featuring Harold Furchtgott-Roth and Jeffrey Li to discuss the implications of their new report and what lessons policymakers should draw from the report’s findings.
At Sea Air Space 2025, Senior Fellows Bryan Clark and Timothy A. Walton will discuss their findings with a panel of government and industry experts tasked with implementing these ideas.
The Hudson Institute Political Studies Policy Certificate Program gathers talented early career professionals for advanced study of American foreign and domestic policy and national security, led by policy experts and experienced government officials.
Murray will join Hudson Senior Fellow Dr. Rebeccah L. Heinrichs for a discussion on his conversations in the Middle East, the aftermath of the October 7 massacre, and the historical and moral dimensions of the ongoing conflict between Israel and the terrorists who seek to destroy it.
In this episode, experts discuss what regional powers such as the United Arab Emirates, Saudi Arabia, Egypt, Türkiye, and Qatar are doing in the Horn, their strategies and motivations, and the impact they might have on the region.
