Showing 1 - 10 of 3,515
, R&D investments, and productivity across 12 OECD economies and 17 manufacturing and service industries. Much of the … positive relationship between those cognitive skills and the labour productivity in a country-sector combination. The part of … the cross-country cross-sector variation in labour productivity that can be explained by human capital is remarkably large …
Persistent link: https://www.econbiz.de/10012966051
finding is that manufacturing shows little evidence of either labor productivity or multifactor productivity convergence … convergence results, the paper introduces a new measure of multifactor productivity which avoids many problems inherent to … traditional measures of total factor productivity when comparing productivity levels. The lack of convergence in manufacturing is …
Persistent link: https://www.econbiz.de/10014031250
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/10003692312
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/10010374120
productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across …
Persistent link: https://www.econbiz.de/10010416341
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/10013051449
productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across …
Persistent link: https://www.econbiz.de/10013045768
technologies (ICT) for developments in productivity growth in the euro area. On the basis of the available data, there is evidence … overall productivity growth. This implies that there is no reason to believe that potential output growth in the euro area has …
Persistent link: https://www.econbiz.de/10013320252
This paper assesses the productivity puzzle critically and gives an outlook on the COVID-19 crisis. It offers two main … conclusions. First, it posits that a large fraction of the productivity puzzle can be solved by incorporating intangible capital … into the asset boundary of the national accounts. Thus, the productivity puzzle is largely explained as a consequence of …
Persistent link: https://www.econbiz.de/10012485717
on output, inputs and total factor productivity. The analysis provides evidence on the diffusion of intangible investment … slowdown in labour productivity growth has been driven by a decline in TFP growth with relatively a minor role for tangible and …
Persistent link: https://www.econbiz.de/10011587816