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It's not what you make, it's how you use IT: measuring the welfare benefits of the IT revolution across countries
Bayoumi, Tamim; Haacker, Maarkus - London School of Economics (LSE) - 2002
This paper analyzes the welfare benefits from falling relative prices of IT (information technology) goods across a wide range of countries. We find, using two separate methodologies and datasets, that welfare benefits mainly accrue to users of IT, not their producers, because of falling...
Persistent link: https://www.econbiz.de/10010746377
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Explaining cross-country differences in productivity: is it efficiency or factor endowments?
Gerba, Eddie; Pikoulakis, Emmanuel V. - London School of Economics (LSE) - 2013
, namely: (1) What determines sustained growth and (2) What explains the vast cross-country differences in labor productivity … the difference in labor productivity between developed and developing countries than differences in efficiency. …
Persistent link: https://www.econbiz.de/10011125902
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Foreign Ownership and Productivity: New Evidence from the Service Sector and the R&D Lab
Griffith, Rachel; Redding, Stephen; Simpson, Helen - London School of Economics (LSE) - 2004
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
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Productivity growth and the role of ICT in the United Kingdom: an industry view, 1970-2000
Oulton, Nicholas; Srinivasan, Sylaja - London School of Economics (LSE) - 2005
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
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A statistical framework for the analysis of productivity and sustainable development
Oulton, Nicholas - London School of Economics (LSE) - 2004
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
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The causal effects of an industrial policy
Criscuolo, Chiara; Martin, Ralf; Overman, Henry G.; Van … - London School of Economics (LSE) - 2012
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro …
Persistent link: https://www.econbiz.de/10011126451
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Americans do I.T. better: US multinationals and the productivity miracle
Bloom, Nick; Sadun, Raffaella; Van Reenen, John - London School of Economics (LSE) - 2007
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US “productivity miracle” is due to a … abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …
Persistent link: https://www.econbiz.de/10011071454
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How to measure living standards and productivity
Oulton, Nicholas - London School of Economics (LSE) - 2009
This paper sets out a general algorithm for calculating true cost-of-living indices or true producer price indices when demand is not homothetic, i.e. when not all expenditure elasticities are equal to one. In principle, economic theory tells us how we should calculate a true cost-of-living...
Persistent link: https://www.econbiz.de/10011071515
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Long term implications of the ICT revolution: applying the lessons of growth theory and growth accounting
Oulton, Nicholas - London School of Economics (LSE) - 2010
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
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Why are higher skilled workers more mobile geographically?: the role of the job surplus
Amior, Michael - London School of Economics (LSE) - 2015
The skill gap in geographical mobility is entirely driven by workers who report moving for a new job. A natural explanation lies in the large expected surplus accruing to skilled job matches. Just as large surpluses ease the frictions which impede job search in general, they also help overcome...
Persistent link: https://www.econbiz.de/10011206867