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We analyze productivity growth differentials across the EU in the perspective of intangible, as well as tangible … contributed to labor productivity growth in the best performing European economies/regions. Moreover, we find evidence that …
Persistent link: https://www.econbiz.de/10013085460
examines reasons for this divergence and its impact on productivity growth. Our micro-data reveal R&D concentration among high-productivity … prioritize enhancing innovation and imitation success over cost reduction to boost productivity growth. …
Persistent link: https://www.econbiz.de/10014446430
examines reasons for this divergence and its impact on productivity growth. Our micro-data reveal R&D concentration among high-productivity … prioritize enhancing innovation and imitation success over cost reduction to boost productivity growth. …
Persistent link: https://www.econbiz.de/10014535654
Persistent link: https://www.econbiz.de/10013030513
Persistent link: https://www.econbiz.de/10010384176
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 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 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
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
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