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appears unaffected: investment rates are flat, and productivity has slowed down. We investigate whether measurement issues … as intermediate consumption. Thus they do not count as either GDP or investment. We ask how treating such spending as … investment affects some key macro variables, namely, market sector gross value added (MGVA), business investment, capital and …
Persistent link: https://www.econbiz.de/10010284188
Persistent link: https://www.econbiz.de/10010309450
This study focuses on the non-financial value-added Venture Capital (VC) investors bring to their portfolio companies, especially when these represent early-stage, high-technology and high-growth companies. The study draws attention to the extent and nature of non-financial value-added and...
Persistent link: https://www.econbiz.de/10010285115
learning significantly improves the cost efficiency gain in the gross value created, total credit created, and investment …
Persistent link: https://www.econbiz.de/10012602938
In this paper we analyze the impact of information technology and organizational changes on wages using individual level data for 1998/1999. The average impact of IT use on wages turns out to be five to six percent, however, the effects differ across different IT components. Unless employees use...
Persistent link: https://www.econbiz.de/10010297336
sector. Using data from a survey of innovative activities in services we show that investment in information technology (IT …) has a stronger effect on the quality of services than on the productivity of the IT-using firm. IT investment seems to be …, data of the German IT survey point towards the need to differentiate between types of IT investment. It is shown that …
Persistent link: https://www.econbiz.de/10010297561
empirical evidence indicates that firms with a higher IT investment to sales ratio employ a larger fraction of high …-skilled workers. The relationship between IT investment and medium-skilled labour is rather weak while the unskilled labourshare is … negatively related to the IT investment to sales ratio. U sing a translog production function to assess the productivity of …
Persistent link: https://www.econbiz.de/10010297616
This paper analyses the link between the high-skilled employment share and the level of investment in information … firms with a higher IT investment to output ratio employ a larger fraction of high-skilled workers. However, the size of the …
Persistent link: https://www.econbiz.de/10010297656
The paper provides empirical evidence for the question whether firms' ITenabled labour productivity is affected by the age structure of the workforce. We apply a production function approach with heterogenous labour to firmlevel data from German manufacturing and services industries. We find...
Persistent link: https://www.econbiz.de/10010298711
The paper analyses the relationship between two major challenges firms are faced to: using the potentials of information technologies (IT) as an enabler of process innovations on the one hand and an ageing workforce that might interfere these potentials on the other hand. Econometric results...
Persistent link: https://www.econbiz.de/10010301686