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Germany remains Europe's largest and most diversified source of new technology, but still lags in the fastest growing … had supported Germany's leadership in the high-tech industries of the early twentieth century - automobiles, machinery … to new technological stimuli. In addition, Germany's bank-centered capital and inflexible labor markets have long …
Persistent link: https://www.econbiz.de/10010265490
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 … exceptions being Ireland and Greece. Particularly worrisome, the large countries in continental Europe (Germany, France, Italy …
Persistent link: https://www.econbiz.de/10010279279
Persistent link: https://www.econbiz.de/10010279356
Finland from 1975 to 2001. ICT-production has in the late 1990s had significant impacts on growth and labour productivity (LP …. Labour productivity growth in the period 1995 to 2001 manifests larger structural changes than in previous periods, with the … step-up in multi-factor productivity being the most notable. The relative contribution of ICT-capital deepening has also …
Persistent link: https://www.econbiz.de/10010285176
This paper analyses some of the factors behind the diverging productivity performances of the US and the EU over the … by two features the disappearance of the process of productivity catching-up of Europe vis-à-vis the US which had lasted … for most of the post-war period and the reversal from productivity slowdown to productivity acceleration in the US in the …
Persistent link: https://www.econbiz.de/10012100027
effect of individualism on income per worker and total factor productivity as well as on innovation. The baseline genetic …
Persistent link: https://www.econbiz.de/10010274699
productivity and export competitiveness during import-substitution industrialization, that era was successful in terms of domestic …
Persistent link: https://www.econbiz.de/10011943923
In this paper, I discuss the reasons for Costa Rica's economic performance over the last quarter of a century. Three complementary sets of policies (investments in human capital, careful stabilization, and an intelligent and aggressive integration into the world economy) explain the successful...
Persistent link: https://www.econbiz.de/10010273461
Persistent link: https://www.econbiz.de/10011807541
productivity growth between 1970 and 2009. We outline an open economy DSGE model of the UK in which productivity growth is … direction of causality is unambiguously from policy to productivity. The results offer robust empirical evidence that temporary …
Persistent link: https://www.econbiz.de/10012429963