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paper sheds new light on the labour productivity premium from adopting digital technologies and boosting digital skill use …. The productivity premium is decomposed into a direct effect benefitting the firms actually increasing their digital … intensity, and an indirect effect of belonging to a sector with high digital intensity. The firm-level productivity premium of …
Persistent link: https://www.econbiz.de/10012421213
artificial intelligence seem to offer a vast potential to boost productivity and living standards. However, aggregate … productivity growth has declined sharply across the OECD over the past decades. Estonia is no exception, though it is well placed … digital infrastructure and world-leading e-government services. Turning this potential into a productivity boost necessitates …
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Austria’s transition to a digital economy and society is slower than in other high-income small open European economies. The rate and pace of utilisation of eight main ICT applications shows that Austrian firms follow peer country counterparts with a gap, which has widened in most areas in...
Persistent link: https://www.econbiz.de/10011823616
We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US … higher risk profile. Since the relationship between credit ratings and firm-level productivity is U-shaped, the aggregate … effect on productivity is a priori unclear. Turning to the real economy, we thus analyse whether this additional access to …
Persistent link: https://www.econbiz.de/10011975741
policies to cross-country differences in productivity, innovation and resource allocation. This paper describes the steps taken … to and the trade-offs involved in constructing firm-level total factor productivity (TFP) measures using ORBIS, a cross … productivity measures can be calculated using readily available variables for all countries, and presents possible solutions to …
Persistent link: https://www.econbiz.de/10009767749
productivity measurement for bad outputs and estimates of their shadow prices, while the inclusion of natural capital is discussed … outputs considered in this paper results in a relatively small bias of productivity measurement, and thus analysis based on …This paper presents a productivity growth measure that explicitly accounts for natural capital as an input factor and …
Persistent link: https://www.econbiz.de/10010464966