Showing 1 - 10 of 3,222
ICT capital is an important driver of productivity growth. Using data from the EUKLEMS growth accounts, we show that … ICT has made smaller contributions to labour productivity growth in the EU-15 than in the US, both at the macro level and …, the growth contributions from ICT are found to be smaller than those from TFP. However, our empirical analysis suggests …
Persistent link: https://www.econbiz.de/10013112576
Composition of the euro area workforce evolves over time and in response to changing labour market conditions. We construct an estimate of growth in euro area labour quality over the period 1983-2004 and show that labour quality has grown on average by 0.6% year-on-year over this time period....
Persistent link: https://www.econbiz.de/10011604621
Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will...
Persistent link: https://www.econbiz.de/10010264296
The purpose of this paper is to estimate the effect of durable goods and ICT on Euro Area economic growth and … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …
Persistent link: https://www.econbiz.de/10010273013
(ICT)? We analyze this question based on a growth accounting approach at the level of final output. This approach traces … better products have become available to final users, in particular consumers, as a result of the diffusion of ICT. A main … result is that more than half of the productivity gains related to ICT capital deepening for manufactured goods are …
Persistent link: https://www.econbiz.de/10012146257
While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long-term challenge of sustaining growth beyond the crisis. The central objective of this paper is to empirically investigate the sources of economic growth in 12 developing Asian economies...
Persistent link: https://www.econbiz.de/10011432686
Using a growth accounting framework, we find that developing Asia grew rapidly over the past 3 decades mainly due to robust growth in capital accumulation. The contributions of education and total factor productivity in the region's past economic growth remain relatively limited. Our baseline...
Persistent link: https://www.econbiz.de/10008749709
While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long-term challenge of sustaining growth beyond the crisis. The central objective of this paper is to empirically investigate the sources of economic growth in 12 developing Asian economies...
Persistent link: https://www.econbiz.de/10008826310
Incomes per capita have grown dramatically over the past two centuries, but the increase has been unevenly spread across time and across the world. Growth accounting is the principal quantitative tool for understanding this phenomenon, and for assessing the prospects for further increases in...
Persistent link: https://www.econbiz.de/10014025148
This paper discusses new results using the EU KLEMS 2019 Release focussing on the role of ICT and intangibles assets … analysis studies the implications of various asset types and particularly the role of ICT and intangible capital, as well as …
Persistent link: https://www.econbiz.de/10012154247