Niebel, Thomas; Saam, Marianne - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011
We investigate the role rates of return and rates of asset price decline play in explaining sources of productivity … somewhat downplay the role investment played relative to growth in multi-factor productivity in the UK and the US during 1995 … - 2000. Moreover, we show that more than half of the ICT contribution to labor productivity growth results from growth in …