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contribution of total factor productivity growth from the IT sector in Japan also increased, while the contributions of labor input …In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on … product devoted to investment in computers, telecommunications equipment, and software rose sharply after 1995. The …
Persistent link: https://www.econbiz.de/10012466870
We study the impact of techies--engineers and other technically trained workers--on firm-level productivity. We first … structural econometric methods, we estimate the causal effect of techies on firm-level Hicks-neutral productivity in both … manufacturing and non-manufacturing industries. We find that techies raise firm-level productivity, and this effect goes beyond the …
Persistent link: https://www.econbiz.de/10014322729
-scale evidence on how efficiently firms use these technologies. In this paper, we study firm productivity and learning in cloud … and persistent heterogeneity in compute productivity both across and within firms, similar to canonical results in the … use a wider variety of specialized machines. Notably, productivity is dynamic as firms learn to be more productive over …
Persistent link: https://www.econbiz.de/10015072880
has led many economists to believe that productivity growth in these economies, particularly in their manufacturing … productivity) gains from an outward orientation. This view fails to take into account the equally unusual rapid growth of both … envelope calculations to show that, as regards productivity growth in the aggregate economy and in manufacturing in particular …
Persistent link: https://www.econbiz.de/10012474463
, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate … an integrated model of investment profile adoption and total factor productivity growth. We find that the three … investment decisions are complementary, in the sense that investing in one increases the probability of investing in another one …
Persistent link: https://www.econbiz.de/10012480697
United States, I find no econometric evidence that computer investment is positively linked to TFP growth (over and above its … is positively related to industry productivity growth. The effects are very modest -- adding at most 0.07 percentage … points to annual labor productivity growth …
Persistent link: https://www.econbiz.de/10012469972
through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in … relating productivity explicitly to R&D and ICT capital as well as to upstream regulations, and two factor demand functions … finding that the impact of upstream regulations on total factor productivity can be sizeable, and they provide evidence that a …
Persistent link: https://www.econbiz.de/10012459134
-open-economy real-business-cycle model driven by nonstationary productivity shocks. We find that the RBC model does a poor job at … business cycles in emerging markets and, importantly, assigns a negligible role to nonstationary productivity shocks …
Persistent link: https://www.econbiz.de/10012466032
regarding investment, training, technology and the selection of inputs, and thus raise their productivity … productivity across the region. One of the striking patterns that emerges is how the extent of openness and the competitiveness of … markets affects the relative productivity of firms across the region. Firms with foreign ownership and firms that export are …
Persistent link: https://www.econbiz.de/10012469820
economic growth is dominated by investments and productivity growth in information technology, both for individual industries … and the economy as a whole. We also show that the revival of total factor productivity growth accounts for the modest …
Persistent link: https://www.econbiz.de/10012466871