Productivity growth in countries such as the United States, Australia and Canada all which use ICT intensive had been strong during the recent slow down.
ICT networks have now spread to the Organisation of Economic Corporation and Development business sector and has been made to work to enhance productivity and business performance.
Technological progress in ICT goods and services is continuing at a rapid pace driving down prices and leading to a wide new range of applications such as broadband.
The release of increasingly powerful microprocessors is projected to continue in the foreseeable future, which will encourage ICT investment and further productivity growth
Further technological progress in ICT production will imply a positive contribution of the ICT manufacturing sector to multifactor productivity growth in countries with large ICT sectors such as Japan, Sweden.
Faimus answered the question on February 3, 2018 at 13:37
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