FrontMatter -- Contents -- Preface -- I INTRODUCTION -- Software and the New Economy -- II PROCEEDINGS -- Introduction--Dale W. Jorgenson -- The Economics of Software--William J. Raduchel -- Panel I - The Role of Software - What Does Software Do? -- Panel II - How Do We Make Software and Why Is It Unique? -- Panel III - Software Measurement - What Do We Track Today? -- Panel IV - Moving Offshore: The Software Labor Force and the U.S. Economy -- Panel V - Participants' Roundtable- Where Do We Go from Here? Policy Issues? -- Concluding Remarks--Dale W. Jorgenson -- III RESEARCH PAPER -- The Economics of Software: Technology, Processes, and Policy Issues--William J. Raduchel -- IV APPENDIXES -- Appendix A Biographies of Speakers -- Appendix B Participants List -- Appendix C Selected Bibliography on Measuring and Sustaining the New Economy.