torre-marketforsoftware-2004.pdf (470.23 kB)
The market for software in the U.S.
journal contribution
posted on 2004-01-01, 00:00 authored by Chris DoucouliagosChris Doucouliagos, Andrew TorreThe US market for software is investigated for the period 1964 to 2000, exploring the impact of price and non-price variables on software demand. and the impact of R&D and productivity on software supply. Software sales are positively associated with advertising, they are negatively affected by a rising consumer credit to GDP ratio. and are highly responsive to disposable income. Supply has been driven by productivity improvements.