计算机化家庭和技术冲击在耐用消费品中的作用

IF 1.3 3区 经济学 Q3 ECONOMICS
Seunghoon Na , Hyunseung Oh
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引用次数: 0

摘要

鉴于智能手机和平板电脑等消费电子产品的广泛采用,我们定量评估了技术冲击对耐用消费品的周期性重要性。通过估计具有IT特定技术的耐用消费品的商业周期模型,我们发现技术冲击占了消费IT产品变化的一半以上,并且是2001-2007年耐用消费品支出繁荣的关键驱动因素。我们的估计结果表明,技术冲击在家庭耐用消费品支出中的作用比以前认识到的要大。然而,在标准模型中,这些冲击对GDP动态的影响更为有限,因为耐用消费品对生产资本没有贡献。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Computerizing households and the role of technology shocks in consumer durables
We quantitatively assess the cyclical importance of technology shocks to consumer durables in light of the widespread adoption of consumer electronics such as smartphones and tablets. By estimating a business-cycle model of consumer durables with IT-specific technology, we find that technology shocks accounted for more than half of the variation in consumer IT goods and were a key driver of the 2001–2007 boom in consumer durable expenditures. Our estimation results suggest a larger role for technology shocks in household expenditures on consumer durables than previously recognized. In standard models, however, these shocks have a more limited impact on GDP dynamics, as consumer durables do not contribute to productive capital.
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来源期刊
CiteScore
2.50
自引率
7.10%
发文量
53
审稿时长
76 days
期刊介绍: Since its inception in 1979, the Journal of Macroeconomics has published theoretical and empirical articles that span the entire range of macroeconomics and monetary economics. More specifically, the editors encourage the submission of high quality papers that are concerned with the theoretical or empirical aspects of the following broadly defined topics: economic growth, economic fluctuations, the effects of monetary and fiscal policy, the political aspects of macroeconomics, exchange rate determination and other elements of open economy macroeconomics, the macroeconomics of income inequality, and macroeconomic forecasting.
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