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Boosting productivity in Finland
André, Christophe; Chalaux, Thomas - 2016
Boosting productivity growth is necessary to raise living standards and well-being for all. Aggregate productivity has fallen, mainly driven by manufacturing, although service industries have also tended to underperform. Reviving productivity requires improving framework conditions further so...
Persistent link: https://www.econbiz.de/10011577858
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Measuring capital services by energy use : an empirical comparative study
Bitzer, Jürgen; Gören, Erkan - 2013
From an engineering perspective, a capital good’s service is energy conversion - e.g., the physical 'work' done by a machine - and can thus be measured directly by the energy consumed in production. We show important empirical advantages of our concept over traditional measures. The empirical...
Persistent link: https://www.econbiz.de/10009733475
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ICT and productivity : a review of the literature
Biagi, Federico - 2013
In this report we review the literature on the relationship between ICT and productivity. In Sect. 1 we discuss in … broad terms the theoretical relationship between ICT and productivity, while in Sect. 2 we present the growth accounting … methodology, which tries to measure the contributions to growth from difference sources (ICT and non ICT capital, human capital …
Persistent link: https://www.econbiz.de/10011979491
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ICT and productivity growth within value chains
Liu, Chuan; Saam, Marianne - 2019
(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
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Drivers of developing Asia's growth : past and future
Park, Donghyun; Park, Jungsoo - 2010
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
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Economic growth in Asia : determinants and prospects
Lee, Jong-Wha; Hong, Kiseok - 2010
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
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The diffusion of technological progress in ICT
Elstner, Steffen; Grimme, Christian; Kecht, Valentin; … - 2020
We study whether technology gains in sectors related to Information and Communications Technology (ICT) increase … productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative … price of ICT goods and services in a structural VAR with medium-run restrictions. Using local projections to estimate the …
Persistent link: https://www.econbiz.de/10012391362
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Estimation of technical change and TFP growth based on observable technology shifters
Heshmati, Almas; Rashidghalam, Masoomeh - 2016
This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of the traditional production model where technology is represented by a time trend. TFP growth is decomposed into unobservable technical change, scale economies and observable...
Persistent link: https://www.econbiz.de/10011595871
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Estimation of technical change and TFP growth based on observable technology shifters
Heshmati, Almas; Rashidghalam, Masoomeh - 2017
This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of the traditional production model where technology is represented by a time trend. TFP growth is decomposed into unobservable technical change, scale economies and observable...
Persistent link: https://www.econbiz.de/10012098960
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Misallocation and productivity in Colombia's manufacturing industries
Camacho, Adriana; Conover, Emily - 2010
Following Hsieh and Klenow (2009), this paper studies productivity dispersions in Colombian industrial establishments using the Colombian Annual Manufacturing Survey (AMS) from 1982 to 1998. The United States is used as a benchmark to estimate the reallocation of capital and labor to equalize...
Persistent link: https://www.econbiz.de/10010247128