Showing 1 - 10 of 6,331
Is digitalisation a massive gamechanger which will deliver huge gains in productivity, or is it more of a sideshow with … on the productivity of frontier firms compared to laggards, nor does it help to turn laggards into frontier firms …. Overall, firms should not regard digital investment as a 'one-size-fits-all' strategy to improve their productivity. Digital …
Persistent link: https://www.econbiz.de/10014230393
This study investigates the efficiency growth of advanced technology-generating sectors within the European Union (EU). Using a stochastic frontier analysis of annual sector-level panel data from 2000 to 2019, we examine sectoral (NACE two-digit level) and territorial implications. Our findings...
Persistent link: https://www.econbiz.de/10014460584
linking investment and firm performance in the French and Italian manufacturing industries. It does so by putting forth a …If the relation between investment and economic growth is well established in the macroeconomic literature, the … novel methodology to identify investment spikes that corrects for size dependence. While maintaining the desired properties …
Persistent link: https://www.econbiz.de/10011731026
more to the increase in the mean energy demand than to the reduction in the level of risk. It is recommended that …
Persistent link: https://www.econbiz.de/10010339594
compared to input growth whereby it may be concluded that TP is leading to productivity rise. However, TFPG in the growth … grounds of low productivity and economic viability. Sustainability of SMEs is argued to depend on improving labour … productivity (LP) through technological upgradation. In a developing economy this may be a costly proposition due to capital …
Persistent link: https://www.econbiz.de/10014049681
championed on grounds of improving productivity, efficiency, and competitiveness. In a developing economy this is a costly … proposition due to capital scarcity, and the effect of technological changes on productivity and efficiency levels have to be … estimated before taking such policies. This paper seeks to estimate trends in Factor Productivity, Technological Progress, and …
Persistent link: https://www.econbiz.de/10014206891
show that technological investments have the greatest positive impact on the growth of labour productivity and on a decline … productivity growth in high-technology enterprises, but at the same time, the technological investments have an impact on the … increase of labour intensity. On the contrary, the influence of investment growth was insignificant on the indicators of …
Persistent link: https://www.econbiz.de/10012505608
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
A new wave of innovation is beginning to disrupt industry on a global scale. It constitutes a tremendous opportunity … for faster productivity growth, but also a potential disruption to a number of economic sectors and to job markets …
Persistent link: https://www.econbiz.de/10011809882
The wave of digital-industrial innovation which begins to disrupt vast sectors of the global economy has fueled fear of a potential adverse impact on jobs and wages. This paper argues that digitalindustrial innovations make human capital more important than ever and the focus needs to shift to...
Persistent link: https://www.econbiz.de/10011869165