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Persistent link: https://www.econbiz.de/10011988606
A key feature of the 2008 revision of the System of National Accounts was the treatment of R&D expenditure as investment. The question arises whether the standard approach towards accounting for growth contribution of assets is justified given the special nature of R&D that provides capital...
Persistent link: https://www.econbiz.de/10011991907
The effect on the household consumption price index from possible sources of error in capturing digital products depends on the weight of the affected products. To calculate upper bounds for this effect, we apply weights based on the average structure of household consumption in OECD countries...
Persistent link: https://www.econbiz.de/10011991922
This paper presents a range of policies to enhance adoption of digital technologies and firm productivity. It quantifies illustratively the effect of policy changes by combining the results of two recent OECD analyses on the drivers of adoption and their productivity benefits. Increasing access...
Persistent link: https://www.econbiz.de/10011991961
While India’s per capita income is converging towards that of the richer countries, inequality has drifted up. Spatial inequality – across states and between urban and rural areas – is pronounced, with large differences in output per capita and in access to core public services, such as...
Persistent link: https://www.econbiz.de/10011732714
Never in the past 30 years has productivity growth been lower than since the 2008 global financial crisis, and never has income inequality been higher than it is today in Japan, and in the OECD area. The two challenges have some common origins, including a widening productivity and wage gap...
Persistent link: https://www.econbiz.de/10011732717
diminish its access to global markets, the scale and efficiency of domestic businesses, the level of competition, and the …
Persistent link: https://www.econbiz.de/10011732737
Technological change is increasing the productivity of highly skilled workers but creating more challenging labour-market conditions for their low-skilled counterparts. These pressures are likely to grow, especially in light of progress being made in Artificial Intelligence. The NZ labour force...
Persistent link: https://www.econbiz.de/10011732741
The digital economy has created some new measurement challenges for macroeconomic statistics and may have exacerbated some older ones, raising some concerns about the scope and estimation of GDP. Against a backdrop of slowing rates of measured productivity growth, this has raised questions about...
Persistent link: https://www.econbiz.de/10011734741
efficiency. Technical change was found to be major source of productivity growth for most country samples for the two analysed … support payments were found to negatively influence crop farm productivity and efficiency of input use. More decoupled … payments appear to be less distorting than other forms of support. A meta-level analysis of allocative efficiency shows that …
Persistent link: https://www.econbiz.de/10011735090