Showing 1 - 10 of 1,249
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833
complementarities between IT capital and OC initiatives of the firm. It analyzes the productivity impact of different clusters of IT and …-level observations in the Netherlands for the period 1994-2006. The results reveal that the productivity effect of IT significantly …
Persistent link: https://www.econbiz.de/10011109040
Technical advances in retail banking have had profound repercussions for the competitiveness of individual firms and for the sector as a whole. This paper looks at the role played by new technological resources within the context of organizational change and the products and services offered by...
Persistent link: https://www.econbiz.de/10011259699
The economic development in the United States has been very successful over the past decade, with high economic growth being accompanied by relatively low inflation. This article explores this development, comparing the economy of the United States with that of the EMU. In addition, it considers...
Persistent link: https://www.econbiz.de/10008871148
The article describes “the theory of devaluation of values” developed by the author. In accordance with this theory, economic growth takes place using two inter-connected phenomena: a) reduction in time necessary for “the set of benefits (goods) currently consumed” to be produced, on the...
Persistent link: https://www.econbiz.de/10011257858
– Inflation) x GDP = K_Index_Infl. Productivity Index: K_Index / Labor Force = K_PROD Inflation indexed Productivity Index: K …
Persistent link: https://www.econbiz.de/10011259539
For effective economic growth, intentional “creation” of unemployment is required to be followed up by its «elimination». From Okun’s law one can infer an interesting corollary: growing unemployment without reducing GDP increases the economy’s potential. This corollary can be proved...
Persistent link: https://www.econbiz.de/10011259561
The article describes “the theory of value depreciation” developed by the author. In accordance with this theory, economic growth takes place using two inter-connected phenomena: (a) reduction in time necessary to produce “the set of goods currently consumed” (first form of value...
Persistent link: https://www.econbiz.de/10011260254
This paper investigates the role of information and communication technology (ICT) as a driver of improved productivity …. The paper investigates how, and to what extent, ICT contributed to a narrowing in the productivity gap. Although … investment in ICT capital has strongly increased, total factor productivity (TFP) growth has made the largest contribution to …
Persistent link: https://www.econbiz.de/10008869296
This paper investigates the empirical relationship between labor productivity, real wages and real GDP in Singapore … from 1997 to 2011. The paper begins with a review of productivity, wage and growth situations in Singapore in the past … relation between labor productivity and real GDP but that wages seem to be caused by other underlying factors. However, real …
Persistent link: https://www.econbiz.de/10009359942