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Konzeptionelle Ansätze zur Messung der Produktivitätseffekte von Digitalisierungskapital

Grömling, Michael; Niebel, Thomas - 2022

diskutiert, wie die empirische Erfassung des Produktionsfaktors Kapital weiterentwickelt werden kann. Der Blick richtet sich … Entwicklung der generellen Digitalisierung zu beschreiben, bieten zugleich konzeptionelle Ansatzpunkte für eine Definition und … Basis eines hinsichtlich der Digitalisierung umfassend erweiterten Konzepts nicht unbedingt entsprechend hohe Kapitalstock …

Persistent link: https://www.econbiz.de/10013197973

Measuring Capital Services by Energy Use: An Empirical Comparative Study

Bitzer, Jürgen; Gören, Erkan - 2013

From an engineering perspective, a capital good's service is energy conversion - e.g., the physical 'work' done by a machine - and can thus be measured directly by the energy consumed in production. We show important empirical advantages of our concept over traditional measures. The empirical...

Persistent link: https://www.econbiz.de/10010435685

Solow residuals without capital stocks

Burda, Michael C.; Severgnini, Battista - 2008

For more than fifty years, the Solow decomposition (Solow 1957) has served as the standard measurement of total factor productivity (TFP) growth in economics and management, yet little is known about its precision, especially when the capital stock is poorly measured. Using synthetic data...

Persistent link: https://www.econbiz.de/10010265668

Technical change and total factor productivity growth for Chinese provinces: a panel data analysis

Shiu, Alice; Heshmati, Almas - 2006

We present in this paper the panel econometrics estimation approach of measuring the technical change and total factor productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic variances has been used for the estimation of...

Persistent link: https://www.econbiz.de/10010267745

Nested stochastic possibility frontiers with heterogeneous capital inputs

Erber, Georg; Madlener, Reinhard - 2007

This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of the U.S. at the macroeconomic level. The stochastic possibility frontiers approach of Battese and Coelli (1992) applied here is used to identify neutralities or non-neutralities...

Persistent link: https://www.econbiz.de/10010264965

Productivity of ICT and non-ICT capital: The role of rates of return and capital prices

Niebel, Thomas; Saam, Marianne - 2011

We investigate the role rates of return and rates of asset price decline play in explaining sources of productivity growth in the context of a growth accounting approach. Our analysis is based on data from the EU KLEMS database for seven countries in the period of 1990 - 2007. We introduce a...

Persistent link: https://www.econbiz.de/10010307849

Public support for innovation, intangible investment and productivity growth in the UK market sector

Haskel, Jonathan; Wallis, Gavin - 2010

Pressure on public finances has increased scrutiny of public support for innovation. We examine two particular issues. First, there have been many recent calls for the (relatively new) UK R&D subsidy to be extended to other research activities, such as software. Second, argument still rages...

Persistent link: https://www.econbiz.de/10010269519

An innovation index based on knowledge capital investment: definition and results for the UK market sector

Clayton, Tony; Dal Borgo, Mariela; Haskel, Jonathan - 2009

We (a) propose an implementable innovation index, (b) relate it to existing innovation definitions and (c) show whole-economy and industry-specific results for the UK market sector, 2000-2005. Our innovation measure starts by observing that we could get more GDP without innovation by simply...

Persistent link: https://www.econbiz.de/10010271890

Durable goods and ICT: The drivers of Euro area productivity growth?

Jalava, Jukka; Kavonius, Ilja Kristian - 2008

The purpose of this paper is to estimate the effect of durable goods and ICT on Euro Area economic growth and 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...

Persistent link: https://www.econbiz.de/10010273013

The Causes of Slow Growth in Hungary during the Post-Communist Transformation Period

Mihályi, Peter - 2012

In his 1966 Inaugural Lecture at Cambridge, entitled On the Causes of the Slow Rate of Economic Growth in the UK, the Hungarian-born British economist, Nicholas Kaldor presented a series of "laws" to account for the growth rate differences between Britain on the one hand, and the more successful...

Persistent link: https://www.econbiz.de/10010494510

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