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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
The paper studies the power of educational investments in relation to transfers for fostering lifetime income and for reducing income inequality in Germany. The welfare analysis is based on a model of age-dependent human capital accumulation, featuring dynamic complementarities in skill...
Persistent link: https://www.econbiz.de/10009732726
The present study contributes to the analysis of economic growth by comparing labour ant total factor productivity (TFP … 1980). During the past century, the United States has overtaken the United Kingdom and became the leading world economy …. During the last 25 years, productivity growth has also known contrasted developments in the four countries, in particular as …
Persistent link: https://www.econbiz.de/10009541118
five advanced technologies: AI, robotics, dedicated equipment, specialized software, and cloud computing. The adoption of … these technologies remains low (especially for AI and robotics), varies substantially across industries, and concentrates on …
Persistent link: https://www.econbiz.de/10013462707
1980 to 2004, calculated and published by the Groningen Growth and Development Centre, are used in the empirical analysis …
Persistent link: https://www.econbiz.de/10010264965
the United Kingdom and become the leading world economy. During the past 25 years, the four countries have also … technology (ICT). The past 120 years have been characterized by: (i) rapid economic growth and large productivity gains in all … extent also relative to France and Japan, a relative decline that was interrupted by the second world war (WW2); (iii) the …
Persistent link: https://www.econbiz.de/10013142701
Persistent link: https://www.econbiz.de/10011293126
share of individuals who choose a less productive qualification may lead to a transitory slowdown of the productivity growth …
Persistent link: https://www.econbiz.de/10003470547
share of individuals who choose a less productive qualification may lead to a transitory slowdown of the productivity growth …
Persistent link: https://www.econbiz.de/10010427502
spectacular growth of the Radio, television and communication equipment (RTC) (ISIC 32) industry. However, this paper shows that …. Moreover, it is shown that the productivity growth of the ICT-producing industries is very sensitive to the value added price … deflators used to calculate real value added growth rates. It is also shown that intermediate input prices have a large impact …
Persistent link: https://www.econbiz.de/10001923058