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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
Insights from industrial organization, Schumpeterian innovation, and economic development theories are used to try to explain firm behavior in cases of successful acquisition of advanced technological assets and international trade competitiveness by Asian and Latin-American countries at an...
Persistent link: https://www.econbiz.de/10014207905
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
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
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
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
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
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
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