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Estimates produced by the OECD indicate that labour productivity levels are higher in a number of European countries … than in the United States, implying that Europe and not the United States is the world technological leader. The author … argues that a structural measure of labour productivity, closer to a measure of technical efficiency, would take into account …
Persistent link: https://www.econbiz.de/10005518969
This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …
Persistent link: https://www.econbiz.de/10010790516
Recent empirical studies confirm that the contribution of intangible capital investment to labour productivity growth … productivity growth at the provincial level in Canada, in particular in Ontario. The results of this growth accounting exercise … demonstrate that intangible capital contributes significantly to labour productivity growth in Ontario. In 1998-2008 intangible …
Persistent link: https://www.econbiz.de/10011185162
This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …
Persistent link: https://www.econbiz.de/10011084334
The 27th issue of the International Productivity Monitor features a symposium on priorities and directions for future … productivity research with five contributions from leading productivity researchers. In addition, the issue includes articles on … the impact of the oil boom on Canada’s labour productivity performance, the contribution of intangible assets to …
Persistent link: https://www.econbiz.de/10011184325
There is ample evidence that investment in Information Technology (IT) boosted labour markets productivity in the USA …. In fact, conspicuous flows of investment in this sector enabled the US firms to record high rates of productivity growth … of the 1990s was not echoed in Europe owing to the fact that European firms have not adopted forward-looking investment …
Persistent link: https://www.econbiz.de/10005754165
There is ample evidence that investment in Information Technology (IT) boosted labour markets productivity in the USA …. In fact, conspicuous flows of investment in this sector enabled the US firms to record high rates of productivity growth … of the 1990s was not echoed in Europe owing to the fact that European firms have not adopted forward-looking investment …
Persistent link: https://www.econbiz.de/10008539603
default probabilities of listed corporate entities in ten European countries, and the USA, covering the recent global …
Persistent link: https://www.econbiz.de/10010722729
This study offers a new perspective on crisis transmission through an examination of herding contagion during 2008-global financial crisis across Asian and European financial markets. Using a bivariate GARCH-BEKK model, results show that the volatility of US stock market during the subprime...
Persistent link: https://www.econbiz.de/10010754852
The state of the world economy is something of a moving feast. Each week, news from the USA, Europe and now China …
Persistent link: https://www.econbiz.de/10010669423