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This paper provides an overview of the currently available evidence on the importance of information and communication technologies (ICT) for developments in productivity growth in the euro area. On the basis of the available data, there is evidence of an increased contribution of ICT to...
Persistent link: https://www.econbiz.de/10013320252
We analyze the effect of ICT and R&D on total factor productivity (TFP) growth across different industries in Sweden. R&D alone is significantly associated with contemporaneous TFP growth, thus exhibiting spillover effects. Although there is no significant short-run association between ICT and...
Persistent link: https://www.econbiz.de/10011422057
observations about further areas of research. Key words: Measurement of technical change, Information technology, General purpose …
Persistent link: https://www.econbiz.de/10014036287
Tech Reg refers to the regulation of internet-connected digital businesses and the discipline that studies the when, and how, to do that. It covers areas as diverse as big tech, crypto, fintech, gig, misinformation, privacy, and telemedicine. It will expand over the coming decades as the digital...
Persistent link: https://www.econbiz.de/10013312698
The impact of ICT (information and communication technology) on economic performance has been the subject of academic research for several decades, and despite the remarkable and significant innovation in computer technology, usage, and investments, only a small growth in productivity was...
Persistent link: https://www.econbiz.de/10010429935
Global GDP growth has been propelled by two key factors over the past 50 years: growth of the size of the overall labor force, which doubled in the G20 countries as a result of brisk population growth, and rising productivity. Over the next half century, from 2014-2064, as a result of declining...
Persistent link: https://www.econbiz.de/10012982255
While the economic theory predicts that developing countries will gain the most from technology spillovers, there have been only a few analyses looking at this question empirically. The present study focuses on a panel of 27 transition and 20 Western European countries between 1990 and 2006 and...
Persistent link: https://www.econbiz.de/10003656226
It is a triumph of technology and of economics that our computer chips are so universal. Countless applications are only possible because of the staggering variety of calculations that modern chips can compute. But, this was not always the case. Computers used to be specialized, doing only...
Persistent link: https://www.econbiz.de/10012897333
. However, traditional measurement of technological progress assumes perfect competition and no fixed cost. This paper … incorporates these two factors in the technological-progress measurement and investigates the biases caused by their omission. We … measurement underestimates the true technological progress. We apply this methodology to Japanese and US industries, and find that …
Persistent link: https://www.econbiz.de/10012446897
The authors provide an extensive review of the rapidly expanding research on productivity, both at the macro and micro levels. They focus primarily on papers written about Canada, but also draw on selected studies from other countries, especially the United States, where such work sheds...
Persistent link: https://www.econbiz.de/10003727257