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factor productivity (TFP). Using a 1890-2013 17-OECD country database, this paper improves the measurement of TFP by taking …, contribution. Quality-adjusted production factors explain less than half of labor productivity growth in the largest countries but … Japan, where capital deepening posted a very large contribution. As a consequence, the “one big wave” of productivity growth …
Persistent link: https://www.econbiz.de/10012995253
In the years since the Great Recession, many observers have highlighted the slow pace of productivity growth around the … the mid-1990s. We provide VAR and panel-data evidence that changes in real interest rates have influenced productivity … have triggered unfavorable resource reallocations that were large enough to reduce the level of total factor productivity …
Persistent link: https://www.econbiz.de/10012995508
This paper deals with the role of ICTs in the recent productivity slowdown, and with their possible future impact on … productivity in developed countries: the United States (US), the Euro Area (EA), the United Kingdom (UK) and Japan. Few papers … analyze the recent slowdown of the ICT contribution to productivity growth, and these papers, which concern only the US …
Persistent link: https://www.econbiz.de/10012982250
current low productivity and GDP growth in advanced countries. Our projection tool allows for the modelling of technology …
Persistent link: https://www.econbiz.de/10012964845
through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in …, management and organization. For this, we specify an extended production function relating productivity explicitly to R&D and ICT … productivity can be sizeable, and they provide evidence that a good part of the total impact, though not a predominant one, goes …
Persistent link: https://www.econbiz.de/10014154788
impact on firm productivity and labor share. Our analysis relies on the survey responses in 2018 of 1,065 French firms …: ceteris paribus, the employment of ICT specialists and the use of digital technologies improve a firm’s labor productivity by … about 23% and its total factor productivity by about 17%. Conversely, the employment of in-house ICT specialists and the use …
Persistent link: https://www.econbiz.de/10014090487
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