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rigidities for the diffusion of information and communications technology (ICT) in OECD countries; the importance of the ICT …
Persistent link: https://www.econbiz.de/10005292737
Trend productivity growth is a crucial determinant of future living standards as well as fiscal balances. In this article, Benoit Robidoux and Bing-Sun Wong from Finance Canada examine the issue of whether trend productivity growth has increased in Canada and conclude that in fact it has. If...
Persistent link: https://www.econbiz.de/10005292740
The factors behind the emergence of the New Economy are still poorly understood. In this article, Pascal Petit from CEPREMAP and CNRS in France provides an institutional perspective on the developmental phases or roots of this New Economy. He analyzes the structural, institutional and...
Persistent link: https://www.econbiz.de/10005157594
technology (ICT) diffusion, and, as a result, the favorable effects of this diffusion on productivity, differ greatly between the … major advanced countries, with the United States the country where ICT diffusion is strongest. This study aims to explain … estimates obtained provide insight into the factors determining ICT diffusion and the gaps in this diffusion vis-à- vis the …
Persistent link: https://www.econbiz.de/10005481847
This eighth issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards contains eight articles. Topics covered are: a progress report on endogenous growth theory; recent productivity developments in Canada and the United States; monetary policy in...
Persistent link: https://www.econbiz.de/10005481849
Since 1995, productivity growth has accelerated significantly in the United States. Information technology has always been thought to be the driving force behind this development. In this article by Kevin Stiroh of the Federal Reserve Bank of New York provides strong empirical support for this...
Persistent link: https://www.econbiz.de/10005481855
Has the economy fundamentally changed in the 1990s because of the introduction of information technology or is the impact of IT not so much "new" as larger than before? In this article, Barry Bosworth and Jack Triplett of the Brooking Institution examine this issue with a detailed analysis of...
Persistent link: https://www.econbiz.de/10005481862
In the third article, Roland Spant, a Swedish trade union economist, argues that Net Domestic Product (NDP) should replace GDP as a measure of economic growth for a number of purposes. The key difference between GDP and NDP is depreciation. With the shift in investment toward information...
Persistent link: https://www.econbiz.de/10005481870
The third issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards contains six articles that deal with a wide range of issues in the productivity area. Topics covered are the contribution of the information and communications technology sector to...
Persistent link: https://www.econbiz.de/10005650233
The fundamental importance of skills for productivity advance is being increasingly recognized. In this article, Someshwar Rao, Jianmin Tang and Weimin Wang of Industry Canada provide additional evidence of this relationship through a detailed examination of the dynamics of innovation and...
Persistent link: https://www.econbiz.de/10005650236