The Daily Stat from Harvard Business Review

August 27, 2015     U.S. State Governments Can Shrink by Spending More on IT One way for U.S. state governments to decrease their spending is to put more funds into information technology: On average, a $1 increase in the IT budget of a state's chief information officer is associated with a reduction of as much as $3.49 in that state government's overall expenses, says a team led by Min-Seok Pang of Temple University. Between 1970 and 2011, the ratio of state government expenditures to U.S. GDP doubled, from 5% to 10%, as demand for services rose. SOURCE: Do CIO IT Budgets Explain Bigger or Smaller Governments? Theory and Evidence from U.S. State Governments

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