Firstly, by surveying recent research, this paper confirms that both the production and use of ICT have been the factors behind the improved economic performance of the United States in the 1990s. However, the evidence for the New Economy is much weaker outside the United States. Secondly, the paper applies growth accounting to estimate the impacts in Finland. It is shown that the contribution ...

Reversible resistive switching induced by an electric field in oxide-based resistive switching memory shows a promising application in future information storage and processing. It is believed that there are some local conductive filaments formed and ruptured in the resistive switching process. However, as a fundamental question, how electron transports in the formed conductive filament is stil...

This paper introduces the indicators for surge arrester condition assessment based on the leakage current analysis. Maximum amplitude of fundamental harmonic of the resistive leakage current, maximum amplitude of third harmonic of the resistive leakage current and maximum amplitude of fundamental harmonic of the capacitive leakage current were used as indicators for surge arrester condition mon...

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Informal economy (IE) is second only to the US economy in size; however, the role of ICT in IE remains largely unexplored. In this study, we conduct an empirical analysis of the role of ICT in IE growth. With PLS analysis involving more than 100 nations, we show that ICT products and software piracy may play important roles in IE growth, that impact of ICT and other determinants on IE growth re...

With minimal sleight of hand, it is possible to transform the recent growth experience of the People’s Republic of China from the extraordinary into the mundane. Systematic understatement of inflation by enterprises accounts for 2.5 percent growth per year in the nonagricultural economy during the first two decades of the reform period (1978–98). The usual suspects (i.e., rising participation r...

The sharing economy will blur the distinctions between renting and owning a wide variety of durable products. The first great entrepreneurial (Neolithic) revolution transformed hunter-gatherers into fixed agriculturalists. The second (Industrial) revolution dramatically reduced the costs of owning products. The third (Transactions Costs) revolution will reduce the costs of exchange, fostering a...

Diffraction of scalar plane waves by resistive surfaces are investigated by defining a new boundary condition in terms of the Dirichlet and Neumann conditions. The scattering problems of waves by a resistive half-plane and the interface between resistive and perfectly magnetic conducting half-planes are examined with the developed method. The resulting fields are plotted numerically. The numeri...