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The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … apparent ‘productivity paradox’. The most obvious one is the fact that not many countries, other than the US, have yet invested …
Persistent link: https://www.econbiz.de/10010279209
The sharp increase in equity prices over the 1990s was widely attributed to permanently higher productivity growth …, which shows that under plausible assumptions, productivity advances can only have temporary effects on the fundamentals of … equity prices. Using historical data on productivity of R&D capital, patent capital and fixed capital for 11 OECD countries …
Persistent link: https://www.econbiz.de/10010320911
on productivity growth in Europe which look into the relation between ICT spending and labour productivity growth …. Finally, the paper analyses determinants of total factor productivity growth which are of special importance in Europe. …
Persistent link: https://www.econbiz.de/10010301763
The contribution of the ‘new economy’ to economic growth in developing countries has so far been minimal. Despite the recent hype, the ‘old economy’ will for long be the fundamental force behind economic growth in transition economies. Nonetheless, in the longer run the ‘new economy’...
Persistent link: https://www.econbiz.de/10010279022
recent empirical work on the impact of organizational capital on firm productivity and workers? wages. We then discuss in …
Persistent link: https://www.econbiz.de/10010262635
estimates for an extended production function framework reveal significant productivity effects of ICT in the German service … productivity differentials between firms. …
Persistent link: https://www.econbiz.de/10010297958
We examine the relationship between human capital and economic activity in U.S. metropolitan areas, extending the literature in two ways. First, we utilize new data on metropolitan area GDP to measure economic activity. Results show that a one-percentage-point increase in the proportion of...
Persistent link: https://www.econbiz.de/10010283514
The aim of this work is to investigate the role played by the so-called 'globalization' processes of the last couples of decades on the international patterns of technological learning and on the distribution of incomes and growth. First, we re-assess the evidence on the general patterns of the...
Persistent link: https://www.econbiz.de/10010328522
technologies have so far delivered little productivity gains in Europe. In the second half of the past decade, growth contributions … United States, this has not generally been associated to higher labour or total factor productivity growth rates, the only … correlation between ICT investment and productivity growth has fled the US to migrate to Europe. …
Persistent link: https://www.econbiz.de/10010279279
US labor productivity in ICT-skill intensive industries experienced tremendousincreases in post-1995 trend growth … thesource of industry productivity growth in German ICT-skill intensive sectors, there is noempirical evidence on the influence … Transport, were found to haveexperienced strong productivity growth via ICT-skill complementarities. These findingsshed light on …
Persistent link: https://www.econbiz.de/10010312172