Showing 1 - 10 of 105
This paper provides an overview of the currently available evidence on the importance of information and communication technologies (ICT) for developments in productivity growth in the euro area. On the basis of the available data, there is evidence of an increased contribution of ICT to...
Persistent link: https://www.econbiz.de/10011604168
Composition of the euro area workforce evolves over time and in response to changing labour market conditions. We construct an estimate of growth in euro area labour quality over the period 1983-2004 and show that labour quality has grown on average by 0.6% year-on-year over this time period....
Persistent link: https://www.econbiz.de/10011604621
The number of variables related to long-run economic growth is large compared with the number of countries. Bayesian model averaging is often used to impose parsimony in the cross-country growth regression. The underlying prior is that many of the considered variables need to be excluded from...
Persistent link: https://www.econbiz.de/10013316179
Drawing from confidential firm-level balance sheets in 11 European countries, the paper presents a novel sectoral database of comparable productivity indicators built by members of the Competitiveness Research Network (CompNet) using a newly developed research infrastructure. Beyond aggregate...
Persistent link: https://www.econbiz.de/10011605679
Network (CompNet). The new database provides information on the distribution of labour productivity, TFP, ULC or size of firms …
Persistent link: https://www.econbiz.de/10011605809
Network (CompNet). The new database provides information on the distribution of labour productivity, TFP, ULC or size of firms …
Persistent link: https://www.econbiz.de/10013026277
Drawing from confidential firm-level balance sheets in 11 European countries, the paper presents a novel sectoral database of comparable productivity indicators built by members of the Competitiveness Research Network (CompNet) using a newly developed research infrastructure. Beyond aggregate...
Persistent link: https://www.econbiz.de/10013060041
for a dynamic interaction in explaining total factor productivity (TFP). Relative to the existing literature, our model … affect TFP in own sector, the model implies that after accounting for both R&D and TFP spillovers, there is a total positive … impact of R&D on TFP in the same sector while the overall impact of R&D on TFP in other sectors and countries is negative …
Persistent link: https://www.econbiz.de/10011605549
We offer a macroeconomic assessment of China's Reform Period, highlighting several neglected channels underlining its great expansion. Estimating the supply side of the post-Reform economy reveals the relatively high (above unity) value of the elasticity of factor substitution and the...
Persistent link: https://www.econbiz.de/10011916884
adjustment subtracts 11 percentage points from the share of TFP in aggregate growth and adds them to the share of equipment stock …
Persistent link: https://www.econbiz.de/10011604414