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foreign. Moreover, the high sectoral growth in total factor productivity (TFP) in the ICT sector contributes only moderately … deepening to sectoral labor productivity growth during the late 1990s, especially for the knowledge‐intensive services that are … used to an important extent as intermediate inputs to other sectors. Our approach traces labor productivity growth not …
Persistent link: https://www.econbiz.de/10013465304
sectoral growth in total factor productivity (TFP) in the ICT sector contributes only moderately to TFP growth in non-ICT value … productivity improvements not within sectors but within value chains. It allows judging in a better way to what extent more or … result is that more than half of the productivity gains related to ICT capital deepening for manufactured goods are …
Persistent link: https://www.econbiz.de/10012146981
factor productivity, GDP volatility, negative returns on investment, and a labor force that is too reliant on government … encouraging increased domestic, especially private, investment. Well-targeted policies should be adopted to accelerate reform and …
Persistent link: https://www.econbiz.de/10010333237
productivity growth since 1970. It is shown that investment in information and communication technology (ICT) played a minor role …A detailed analysis of the German productivity development is indispensable for understanding, why Europe is lagging … in the German productivity development. The results include detailed descriptive statistics and projections for output …
Persistent link: https://www.econbiz.de/10010312194
the pronounced worsening of total factor productivity. The paper is rounded out by estimates of some measures of wage …
Persistent link: https://www.econbiz.de/10010295797
We investigate the marginal productivity of investment across countries. The aim is to estimate the return on … investment data our findings are remarkably robust; the average gross return on 'aid investments' is about 20 per cent. This is …
Persistent link: https://www.econbiz.de/10011418572
1.44%. The remaining 0.35 pp represent growth in multi-factor productivity, which is calculated as a residual. The … estimate of growth in multi-factor productivity is lower than in previous studies because our measure of labour input takes …
Persistent link: https://www.econbiz.de/10011933245
productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of consumer … durables impacts both the levels and growth rates of the capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …
Persistent link: https://www.econbiz.de/10010273013
growth in pre-crisis years. While this led to productivity-enhancing structural change in Greece and Portugal, overcapacities …
Persistent link: https://www.econbiz.de/10010464602
The paper presents a detailed industry-level productivity analysis (52 industries) for the effects of industry … structure on TFP growth for Germany from 1971 until 2000. The analysis builds on a theory by Acemoglu et al. (2003) relating … industry structure and productivity growth of an industry. The analysis reveals positive effects of vertically disintegrated …
Persistent link: https://www.econbiz.de/10010312137