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Two different approaches are used in this article to study productivity per employee: the determinants of its growth … shown to have a positive and significant effect on both growth rates and levels of productivity. This result is consistent … paper, the employment rate and productivity exhibit a significant negative relationship, arising from the concentration of …
Persistent link: https://www.econbiz.de/10014188048
ICT capital is an important driver of productivity growth. Using data from the EUKLEMS growth accounts, we show that … ICT has made smaller contributions to labour productivity growth in the EU-15 than in the US, both at the macro level and … productivity (TFP) growth – sharply declined in Europe and has remained weak since the mid-1990s whereas the US has seen …
Persistent link: https://www.econbiz.de/10013112576
productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across …
Persistent link: https://www.econbiz.de/10010416341
Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence that the literature … input, and productivity performance. Second, we examine the extent to which information technology producing and information … technology-using industries have contributed to the aggregate multifactor productivity revival. Our results suggest that while …
Persistent link: https://www.econbiz.de/10012718101
We analyze productivity growth differentials across the EU in the perspective of intangible, as well as tangible … contributed to labor productivity growth in the best performing European economies/regions. Moreover, we find evidence that …
Persistent link: https://www.econbiz.de/10013085460
This paper compares the effects of information and communication technology (ICT) on aggregate labour productivity … and (ii) total factor productivity (TFP) growth originating from ICT-goods production. We find that together these two … effects almost fully explain the US lead in labour productivity growth over the EU during the period 1995-2001. We also argue …
Persistent link: https://www.econbiz.de/10012760877
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
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
We show that an increase in aggregate uncertainty - measured by stock market volatility - reduces productivity growth … uncertainty, firms that are credit constrained switch the composition of investment by reducing productivity-enhancing investment … difference-in-difference approach using productivity growth of 25 industries from 18 advanced economies over the period 1985 …
Persistent link: https://www.econbiz.de/10011634332
estimation methods, different models are tested for the connection between the utilisation of ICT and the rise of labour … productivity. This task was carried out by Cambridge Econometrics, a co-operation partner, with a disaggregated database according … productivity and growth. …
Persistent link: https://www.econbiz.de/10011747524