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United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …
Persistent link: https://www.econbiz.de/10010884516
labour productivity fell in the UK. And we consider the evolution of the aggregate depreciation rate and of capital …
Persistent link: https://www.econbiz.de/10011266090
estimates of the tax_price elasticity of R&D and the effect of R&D on productivity. For the latter we allow R&D to have an … effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …
Persistent link: https://www.econbiz.de/10010928789
productivity. The “Solow Paradox” of the absence of an impact of ICT on productivity no longer holds, if it ever did. Both growth … accounting and econometric evidence suggest an important role for ICTs in accounting for productivity. In fact, the empirical … estimates suggest a much larger impact of ICT on productivity than would be expected from the standard neoclassical model that …
Persistent link: https://www.econbiz.de/10011071487
panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …
Persistent link: https://www.econbiz.de/10011198536
growth and major strands of the empirical literatures on R&D, productivity growth, and productivity convergence. Starting … foundations for the reduced-form equations for Total Factor Productivity (TFP) growth frequently estimated empirically using … industry-level data. R&D affects both innovation and the assimilation of others’ discoveries (‘absorptive capacity’). Long …
Persistent link: https://www.econbiz.de/10010884730
This paper examines the relationship between foreign ownership and productivity, paying particular attention to two … productivity than foreign multinationals, but the difference is less stark in the service sector than in the production sector, and …
Persistent link: https://www.econbiz.de/10010745694
We use a new industry-level dataset to quantify the role of ICT in explaining productivity growth in the UK, 1970 … productivity growth in the market sector. Econometric evidence also supports an important role for ICT. We also find econometric …
Persistent link: https://www.econbiz.de/10010745929
To analyse the consequences of the changing economic structure of the UK, we need a set of statistics broken down by industry that are consistent with the whole economy measures available from the national accounts. The theory of growth accounting then provides a framework in which the...
Persistent link: https://www.econbiz.de/10010746112
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro …
Persistent link: https://www.econbiz.de/10011126451