The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct … capital for productivity and GVC integration. We examine the extent of underinvestment in ICT in the EU relative to other …

We investigate the role rates of return and rates of asset price decline play in explaining sources of productivity … somewhat downplay the role investment played relative to growth in multi-factor productivity in the UK and the US during 1995 … - 2000. Moreover, we show that more than half of the ICT contribution to labor productivity growth results from growth in …

aging on economic growth, it is important to consider the changes in the entire age distribution of demography. Our …, labor productivity, automation, and total factor productivity. We find that increasing life expectancy and labor … productivity benefit old age groups as they likely help older age groups contribute more positively to future growth. More …

of a technique depends on both the productivity embodied in the technique and the cost of the particular input; when … productivity depends on whether the lower cost firms are the important suppliers of inputs. When the share of intermediate goods in … production is high, the lower cost firms are selected as suppliers more frequently. This raises aggregate productivity and also …

mobility can explain differences in their per-capita income and labor productivity. We disentangle the role played by global … human-mobility network enhances both per-capita income and labor productivity. Our results hold cross-sectionally, as well … network. Our exercises also suggest that most of the gain in income and productivity can be attained if country centrality in …

inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … aggregate demand. A second is that the predictions of AI causing massive job losses and faster growth in productivity and GDP … growth and productivity is stagnating and inequality is rising. Our paper provides a theoretical explanation of this in the …

Productivity across European regions is related to three types of networks that mediate R&D-related knowledge … co-patenting relations appear to affect local productivity directly, regions that link up to innovative leader regions … via imports gain in productivity only when they have relatively high levels of human capital and absorptive capacity. From …

substitution is low, then GDP, productivity and wage growth may however still slow down, because the economy will then fail to …, productivity, and GDP. …