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This paper focuses on investment in research and development as a factor of labour productivity and economic growth … productivity (expressed in the number of hours worked) based on selected data for EU Member States in the period 1995-2013. A … development (2.85% of EU GDP) maximising productivity (per hour of work) was determined based on the examined data. In accordance …
Persistent link: https://www.econbiz.de/10012020507
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 studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of …
Persistent link: https://www.econbiz.de/10012726102
exploring trends in energy- and labour productivity across 10 manufacturing sectors and 14 OECD countries for the period 1970 … considerably to aggregate manufacturing energy-productivity growth and, hence, to decoupling, while in other countries they partly … manufacturing labour-productivity developments. Furthermore, we find labour-productivity growth to be higher on average than energy-productivity …
Persistent link: https://www.econbiz.de/10011334858
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10011815929
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10011869248
manufacturing industries of France, Germany, UK and USA. We first disentangle the contribution to industry-level productivity growth … of within-firm productivity changes and between-firms reallocation of shares. The evidence corroborates that within … extent firm growth rates are shaped by relative productivity levels in deviation from industry average and by the over time …
Persistent link: https://www.econbiz.de/10009766333
The aim of this report is to foster a better understanding of past trends in, and drivers of, productivity growth in … the countries of the European Union (EU) and of the interplay between productivity and monetary policy. To this end, a … productivity growth, including within the European System of Central Banks and in the context of the review of the ECB’s monetary …
Persistent link: https://www.econbiz.de/10012627152
performance of entire economies: 1) a productivity effect through the ICT-producing sector, 2) an investment effect from ICT …-using industries through capital deepening, and 3) a productivity effect from an efficiency rise through the use of ICT which goes … beyond the direct capital deepening effect. The study finds that the slowing of the total factor productivity growth rate in …
Persistent link: https://www.econbiz.de/10012982248
This paper aims to revisit the relationship between intangible capital and labour productivity growth using the largest … intangibles, the paper finds that these have become the dominant source of labour productivity growth in the EU, explaining 56 … a solid positive relationship between intangibles and labour productivity growth. Third, when accounting for the …
Persistent link: https://www.econbiz.de/10012060685