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We study the origins of labor productivity growth and its differences across sectors. In our model, sectors employ … a large and increasing contribution to aggregate labor productivity growth. Neither capital accumulation nor the …
Persistent link: https://www.econbiz.de/10012307830
productivity of the investment goods constructing hedonic prices indices. This school is represented among others by Hulten (1992 …The productivity generated by capital goods is not uniform along the time. When there exist conventional physical … capital goods the productivity obtained is minor that the one generated by quality capital goods. To obtain a correct measure …
Persistent link: https://www.econbiz.de/10011527365
The paper describes the dynamic features of the ICT sector today, through a comparison among countries of the evolving role of investments in R&D in ICT. 41 geographical areas are analysed: 28 European member states, the EU as a whole, the United States, Canada, Australia, five Asian countries...
Persistent link: https://www.econbiz.de/10011751048
made reluctance for companies. I found out empirical relations between IT investment and corporate productivity. Analyses … being produced by IT investment. Based on these results, I showed how productivity improvement supported by IT investment …Japanese IT investment has stagnated. Though some Japanese companies are investing in IT, this does not represent …
Persistent link: https://www.econbiz.de/10011738290
The relationship between economic structure and productivity growth has been a subject of increasing interest over …. Traditionally, productivity has been introduced as explaining factor of tertiarization processes in advanced economies, while it has … been simultaneously assessed that services display lower productivity levels and growth rates than other economic …
Persistent link: https://www.econbiz.de/10012654183
The ability to adjust to structural change is vital to economic development, and entries can be active participants in this process. This paper aims to shed some light on the relation between entrepreneurship and growth by arguing that entrepreneurial activity relates to growth via reallocation...
Persistent link: https://www.econbiz.de/10011548154
Changing pattern of global specialization and trade has affected the regional economic landscape in Europe significantly during the last decades, often even more than endogenous factors or policy measures. After a period of conversion, processes of diversion has reentered the scene, particularly...
Persistent link: https://www.econbiz.de/10011481779
Persistent link: https://www.econbiz.de/10013254671
Persistent link: https://www.econbiz.de/10011543701
.2%, high job creation and a sharp increase in public and private spending. However, this masked low productivity, a growing … of within regional productivity. In doing so, the paper firstly presents a sythetic description of the features that have …
Persistent link: https://www.econbiz.de/10011499410