3.3 Impacts of microelectronics
The impacts of new technologies in general, and thus of microelectronics in particular, can be thought of in terms of two main categories: effects on output and income, and effects on income distribution. In analysing these effects, we shall pursue the integrative theme of this chapter by relating them, on the one hand, to the patterns of diffusion discussed above, and on the other hand to a broad range of relevant literature.