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derives theoretical grounds from the existing economic models to support the hypothesis that the internet, inter alia, enables … evidence to show that the growth landscape has indeed shifted decisively in favor of developing countries in the Internet Age … gains from internet adoption in comparison to the average advanced country. The paper discusses policy implications from the …
Persistent link: https://www.econbiz.de/10012251917
Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. This paper analyzes the reasons behind this disconcerting development. A major factor is the turnaround of the labor market that commenced around 2005. The successful...
Persistent link: https://www.econbiz.de/10011900858
Since at least the mid-2000's, many advanced economies have experienced low productivity growth. This development is often related to the declining productivity gains at the technology frontier, which is commonly assumed to be determined by the U.S. We challenge this explanation by studying the...
Persistent link: https://www.econbiz.de/10011982561
Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. This paper analyzes the reasons behind this disconcerting development. A major factor is the turnaround of the labor market that commenced around 2005. The successful...
Persistent link: https://www.econbiz.de/10011897954
Persistent link: https://www.econbiz.de/10009783660
Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present paper it is shown that – when this variable is added...
Persistent link: https://www.econbiz.de/10011378136
This paper empirically tests the predictions of the Malthusian theory with respect to both population dynamics and income per capita stagnation in the pre-Industrial Revolution era. The theory suggests that improvements in technology during this period generated only temporary gains in income...
Persistent link: https://www.econbiz.de/10003809396
This paper examines the central hypothesis of the influential Malthusian theory, according to which improvements in the technological environment during the pre-industrial era had generated only temporary gains in income per capita, eventually leading to a larger, but not significantly richer,...
Persistent link: https://www.econbiz.de/10014198414
Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present paper it is shown that - when this variable is added -...
Persistent link: https://www.econbiz.de/10014208199
This paper presents estimates of the long-term impact of various sources of knowledge (R&D performed by the business sector, the public sector and foreign firms) on multifactor productivity growth of 16 countries from 1980 to 1998. The main results show that the three sources of knowledge are...
Persistent link: https://www.econbiz.de/10014070669