08
September 2014
Past Event
How Much is the Internet Worth to the U.S. Economy?

How Much is the Internet Worth to the U.S. Economy?

Past Event
Hudson Institute, Washington, D.C. Headquarters
September 08, 2014
08
September 2014
Past Event

1015 15th Street, N.W., 6th Floor
Washington, DC 20005

Speakers:
harold_furchtgott_roth
Harold Furchtgott-Roth

Senior Fellow and Director, Center for the Economics of the Internet

Jeffrey Li

Former Research Associate, Center for the Economics of the Internet

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.

Related Events
17
July 2024
In-Person Event | Hudson Institute
China’s Persecution of Falun Gong at 25 Years
Featured Speakers:
Miles Yu
Dr. Larry Liu
Sarah Cook
Simon Zhang
Levi Browde
Ying Chen
Moderators:
Nina Shea
Cynthia Sun
A Falun Gong demonstrator sits in a cage in London, United Kingdom, on July 18, 2021, during the protest against the Chinese government's persecution. (Vuk Valcic/SOPA Images/LightRocket via Getty Images)
17
July 2024
In-Person Event | Hudson Institute
China’s Persecution of Falun Gong at 25 Years

Join Hudson Institute as expert panels take stock of the Falun Gong crackdown over the past quarter of a century.

A Falun Gong demonstrator sits in a cage in London, United Kingdom, on July 18, 2021, during the protest against the Chinese government's persecution. (Vuk Valcic/SOPA Images/LightRocket via Getty Images)
Featured Speakers:
Miles Yu
Dr. Larry Liu
Sarah Cook
Simon Zhang
Levi Browde
Ying Chen
Moderators:
Nina Shea
Cynthia Sun
22
July 2024
Virtual Event | Online
Deterring an Axis of Aggressors: A Conversation with H.R. McMaster
Featured Speakers:
H.R. McMaster
Jeremy Hunt
.Russian President Vladimir Putin and Chinese President Xi Jinping interacting in Beijing on October 17, 2023. (Sergei Savostyanov/POOL/AFP via Getty Images)
22
July 2024
Virtual Event | Online
Deterring an Axis of Aggressors: A Conversation with H.R. McMaster

Join Chair of the Hudson Institute Japan Chair Advisory Board and former National Security Advisor LTG (Ret.) H.R. McMaster and Media Fellow Jeremy Hunt for a discussion on this topic.

.Russian President Vladimir Putin and Chinese President Xi Jinping interacting in Beijing on October 17, 2023. (Sergei Savostyanov/POOL/AFP via Getty Images)
Featured Speakers:
H.R. McMaster
Jeremy Hunt
22
July 2024
In-Person Event | Hudson Institute
Building a Strategy to Counter Hong Kong’s Role in Sanctions Evasion
Featured Speakers:
Olivia Enos
Samuel Bickett
Sunny Cheung
Moderator:
Shannon Van Sant
New construction and developments in Hong Kong, China. (Bob Henry/UCG/Universal Images Group via Getty Images)
22
July 2024
In-Person Event | Hudson Institute
Building a Strategy to Counter Hong Kong’s Role in Sanctions Evasion

Experts will discuss new evidence of how the Chinese Communist Party is using Hong Kong to sow instability and conflict around the world and how the United States can better counter these illicit activities.

New construction and developments in Hong Kong, China. (Bob Henry/UCG/Universal Images Group via Getty Images)
Featured Speakers:
Olivia Enos
Samuel Bickett
Sunny Cheung
Moderator:
Shannon Van Sant
09
July 2024
Past Event
A Conversation with Lithuanian Foreign Minister Gabrielius Landsbergis ahead of the Washington Summit
Featured Speakers:
Gabrielius Landsbergis
Peter Rough
Tomas Janeliūnas
Gabrielius Landsbergis speaks during a press conference in Warsaw, Poland, on March 20, 2024. (Photo by Foto Olimpik/NurPhoto via Getty Images)
09
July 2024
Past Event
A Conversation with Lithuanian Foreign Minister Gabrielius Landsbergis ahead of the Washington Summit

Please join Foreign Minister Gabrielius Landsbergis as he sits down with Senior Fellow Peter Rough on the eve of the Washington summit to discuss the prospects for Ukraine and the outlook for Lithuanian security. He will be introduced by Hudson Visiting Fellow Tomas Janeliūnas of Vilnius University.

Gabrielius Landsbergis speaks during a press conference in Warsaw, Poland, on March 20, 2024. (Photo by Foto Olimpik/NurPhoto via Getty Images)
Featured Speakers:
Gabrielius Landsbergis
Peter Rough
Tomas Janeliūnas