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Interpreting productivity growth in the new economy : some agnostic notes

Gundlach, Erich - 2001

The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US … productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However …, the size of the estimated growth rate of total factor productivity depends on an assumption about the factor …

Persistent link: https://www.econbiz.de/10011477079

Is technical progress sectorally concentrated? : an empirical analysis for Western European countries

Schiersch, Alexander; Belitz, Heike; Gornig, Martin - 2012

technological progress is much more evenly distributed across sectors than TFP. -- Total Factor Productivity ; Generalized Malmquist … Productivity Index ; sectoral technical change …

Persistent link: https://www.econbiz.de/10009579300

Is technical progress sectorally concentrated? : an empirical analysis for Western European countries ; conference paper

Schiersch, Alexander; Gornig, Martin; Belitz, Heike - 2013

Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more localized in continental European countries than in Anglo-Saxon coun-tries. We use EU KLEMS data sets to decompose sectoral TFP for nine European countries by means of a Malmquist...

Persistent link: https://www.econbiz.de/10010343753

Technology Diffusion or Capital Accumulation? An Empirical Assessment of Convergence in Manufacturing

Dal Bianco, Silvia - 2010

and the Generalized Method of Moments estimators to test, respectively, for Total Factor Productivity determinants and … labor productivity convergence driving forces (i.e.capital accumulation and technological catch-up) in different … cross-country heterogeneity of labor productivity convergence tendencies. My results show that technology growth rate is …

Persistent link: https://www.econbiz.de/10010343896

Fuel for economic growth?

Gars, Johan; Olovsson, Conny - 2015

We set up an endogenous growth model in which the efficiency of both capital and fossil energy can be improved, whereas the efficiency of one alternative energy source is limited. With capital and energy as complements, there exist two steady states: one stagnant where energy is fully derived...

Persistent link: https://www.econbiz.de/10010529424

Information-Communication Technology Impact on Labor Productivity Growth of EU Developing Countries

Lovrić, Ljiljana - 2014

The aim of this study is to investigate the ICT impact on labor productivity growth of EU developing countries …. Empirical studies of the role of ICT as one of the main determinants of productivity growth, for developing countries have … results indicate a positive and significant impact of ICT on labor productivity growth in developed and developing countries …

Persistent link: https://www.econbiz.de/10014039095

Revisiting Recent Productivity Developments Across OECD Countries

Skoczylas, Les; Tissot, Bruno - 2013

This paper compares productivity developments across industrial countries based on official OECD data in the business … sector. It discusses the uncertainties surrounding the measurement of both productivity levels and productivity growth, and … then focuses on changes in productivity growth. The paper analyses labour productivity patterns and trends of total factor …

Persistent link: https://www.econbiz.de/10014061413