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 …, the growth contributions from ICT are found to be smaller than those from TFP. However, our empirical analysis suggests …

In this report we review the literature on the relationship between ICT and productivity. In Sect. 1 we discuss in … broad terms the theoretical relationship between ICT and productivity, while in Sect. 2 we present the growth accounting … methodology, which tries to measure the contributions to growth from difference sources (ICT and non ICT capital, human capital …

The purpose of this paper is to estimate the effect of durable goods and ICT on Euro Area economic growth and … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …

(ICT)? We analyze this question based on a growth accounting approach at the level of final output. This approach traces … better products have become available to final users, in particular consumers, as a result of the diffusion of ICT. A main … result is that more than half of the productivity gains related to ICT capital deepening for manufactured goods are …