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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. The orders of magnitude resulting from the assessment data presented …
Persistent link: https://www.econbiz.de/10014188049
second part of our analysis, we estimate the impacts of our new measures on Total Factor Productivity (TFP) in the framework …
Persistent link: https://www.econbiz.de/10012921949
The contribution of information and communication technology (ICT) to GDP growth and labour productivity growth in … increased sharply in the second half of the 1990s, in sync with the rise in the contribution of total factor productivity (TFP …). The contribution of ICT was twice as strong in the service sector than in industry. Total factor productivity was much …
Persistent link: https://www.econbiz.de/10014187809
This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United … experienced contrasting advances in productivity, in particular as a result of unequal investment in information and communication … technology (ICT). The past 120 years have been characterized by: (i) rapid economic growth and large productivity gains in all …
Persistent link: https://www.econbiz.de/10013142701