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This study describes the state of the art in the measurement of intangible capital and its contribution to economic …
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Why do cities differ so much in productivity? We document that most of the measured dispersion in productivity across US cities is spurious and reflects granularity bias: idiosyncratic heterogeneity in plant-level productivity and size, combined with finite plant counts. As a result, economies...
Persistent link: https://www.econbiz.de/10013250039
the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent … lagging behind the United States and Japan. Rising digitalisation has rendered price measurement more challenging, owing to …
Persistent link: https://www.econbiz.de/10012626753
This paper provides an empirical analysis of decoupling economic growth and energy use and its various determinants by exploring trends in energy- and labour productivity across 10 manufacturing sectors and 14 OECD countries for the period 1970-1997. We explicitly aim to trace back aggregate...
Persistent link: https://www.econbiz.de/10011334858
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Using sectoral intangible investment data we confirm that intangible capital is a significant determinant of labour productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across industries with varying degrees of ICT intensity....
Persistent link: https://www.econbiz.de/10010416341
The objective of the article is to evaluate the impact of personnel costs on apparent labour productivity by employing the 1995-2018 panel data of the manufacturing industry in 27 European countries. The methods of independent samples t-test, correlation analysis, Granger causality test, unit...
Persistent link: https://www.econbiz.de/10013164155