Study Links Internet and Productivity

FOR MORE INFORMATION CONTACT:Cindy Workman (402) 280-2969[email protected]

INTERNET AND PRODUCTIVITY FOCUS OF CREIGHTON ECONOMIST'S AWARD-WINNING STUDY

FOR IMMEDIATE RELEASE: August 23,2001

OMAHA, Neb. -- A study by Creighton University Economics Professor Ernie Goss on the Internet and U.S. productivity has earned him the National Association of Business Economics Edward A. Mennis Award.

Goss' paper, "The Internet's Contribution to U.S. Productivity Growth," discusses the link between the high productivity of growth per worker and the use of the Internet. He explains that the U.S. Bureau of Labor Statistics productivity data show output growth per worker since 1995 approximately doubling the rate achieved over the preceding two decades. This period of high productivity growth is also the period in which the use of the browser and Internet technology became widespread. The study also concluded that Internet usage added a quarter percent annually to productivity growth.

Goss will present his paper at the National Association of Business Economics annual meeting in New York on Sept. 9, 2001. The paper also will be published in the association's journal, Business Economics.

Creighton University is an independent, Catholic, comprehensive university operated by the Jesuits, who have a 500-year tradition of excellence in education. Creighton has been ranked No. 1 for the past five years among Midwestern universities in the U.S. News & World Report magazine's "America's Best Colleges" edition.

Creighton enrolls more than 6,200 students of diverse faiths and races from across the United States and 65 countries. The student body is taught by 700 full-time faculty members in the Colleges of Arts & Sciences, Business Administration, the Graduate School, University College, and schools of Dentistry, Pharmacy and Allied Health Professions, Law, Medicine, Nursing and Summer Sessions. The University is located in Omaha, Nebraska (pop. 800,000 metro area) on a 92-acre campus adjacent to the downtown business district.

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