Showing 1 - 10 of 10
ICT. We thus precisely try to estimate what are the specific impacts of these two channels and their shares in total …, management and organization. For this, we specify an extended production function relating productivity explicitly to R&D and ICT … capital as well as to upstream regulations, and two factor demand functions relating R&D and ICT capital to upstream …
Persistent link: https://www.econbiz.de/10010815995
Numerous economic studies have highlighted that ICT investment expenditure appears to be greater in the field of … examines whether the investment data compiled by national accountants underestimate productive ICT expenditure, and whether … of ICT inputs (termed "Indirect ICT Investment") in non-ICT investment expenditure for France in 2000. The main result of …
Persistent link: https://www.econbiz.de/10004998829
This study aims to provide some empirical explanations for the gaps in ICT diffusion between industrialized countries … data span the 1981-2005 period.The analysis provides some original results: (i) the impact on ICT diffusion of the level of … education and market rigidities has changed over time. The correlation of ICT diffusion, positive with the level of education …
Persistent link: https://www.econbiz.de/10008531417
Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries are narrowly defined. So there is a significant opportunity for the least productive firms to catch up to the most productive. The formers’ convergence could therefore...
Persistent link: https://www.econbiz.de/10005034725
The sustained increase in productivity gains from the spread of ICTs may increase potential output growth in the medium to long term via capital deepening effects and total factor productivity (TFP) gains, and in the short to medium term via the lagged adjustment of wages to productivity gains....
Persistent link: https://www.econbiz.de/10005056498
of ICT diffusion. We use annual macroeconomic data covering the period 1975-2001 and consider five countries: France …, Germany, the Netherlands, the United Kingdom and the United States. Europe's lag in ICT diffusion does not appear to be linked … to cross-country differences in the price elasticity of demand for ICT products. Our results suggest that at least part …
Persistent link: https://www.econbiz.de/10005056543
ICT productive performances have slowed down since the beginning of the 2000s, before the current crisis. This … diagnosis could be due, at least partly, to some statistical mis-measurements of ICT improvements. Nevertheless, improvements in … ICT performances will probably be positively impacted, in some years, by large technological developments as for example …
Persistent link: https://www.econbiz.de/10010753777
private agents are gradually learning their economic environment. When agents update their beliefs about the unobserved … process driving financial shocks to the leverage ratio, the responses of output and other aggregates under adaptive learning …, debt-to-GDP and land value-to-GDP ratios for 1996Q1-2008Q4, learning amplifies leverage shocks by a factor of about three …
Persistent link: https://www.econbiz.de/10010815952
This paper provides evidence that learning about demand is an important driver of firms' dynamics. We present a simple … model with Bayesian learning in which firms are uncertain about their idiosyncratic demand parameter in each of the markets … their beliefs following a new demand shock, the younger they are. To test this learning mechanism, we make use of a specific …
Persistent link: https://www.econbiz.de/10011272662
effects is interpreted as an absence of learning effects associated with exporting. This result does not seem to fully hold …
Persistent link: https://www.econbiz.de/10008528493