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This paper aims to revisit the relationship between intangible capital and labour productivity growth using the largest … intangibles, the paper finds that these have become the dominant source of labour productivity growth in the EU, explaining 56 … a solid positive relationship between intangibles and labour productivity growth. Third, when accounting for the …
Persistent link: https://www.econbiz.de/10012060685
productivity growth and highlights their main findings on. Surveying the literature at the country, industry and firm level, this … labour productivity growth. Moreover, the findings reported in the literature surveyed suggest that in order to fully reap …
Persistent link: https://www.econbiz.de/10012126861
This paper aims to revisit the relationship between intangible capital and labour productivity growth using the largest … intangibles, the paper finds that these have become the dominant source of labour productivity growth in the EU, explaining up to … detects a solid positive relationship between intangibles and labour productivity growth. Third, when accounting for the …
Persistent link: https://www.econbiz.de/10012145830
This paper assesses the productivity puzzle critically and gives an outlook on the COVID-19 crisis. It offers two main … conclusions. First, it posits that a large fraction of the productivity puzzle can be solved by incorporating intangible capital … into the asset boundary of the national accounts. Thus, the productivity puzzle is largely explained as a consequence of …
Persistent link: https://www.econbiz.de/10012485717
This paper analyses the impact of intangible capital on firm-level productivity for Germany using panel data from the … significant positive relationship between intangible capital and firm-level productivity with elasticities overall in line with … highly intangiblecapital intensive, and that intangibles have a greater impact on firm-level productivity in services …
Persistent link: https://www.econbiz.de/10012515552
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 40 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10012622533
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 50 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10013183835
Persistent link: https://www.econbiz.de/10003884581
similar political side conditions, high-performing China is taken as a model of orientation for Central Asian countries in … relations with China. The paper is structured as follows: The next section addresses the need to craft a politico … Building ; Central Asia ; China …
Persistent link: https://www.econbiz.de/10009488004
The paper focuses on institutional change and institution building as integral parts of economic transition in China …. China's success, particularly compared with other advanced transition economies, implies a puzzling observation: China did … in China, include so-called transitional institutions such as the dual-track approach to industrial restructuring …
Persistent link: https://www.econbiz.de/10009489373