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This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …
Persistent link: https://www.econbiz.de/10010374120
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productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across …
Persistent link: https://www.econbiz.de/10010416341
Persistent link: https://www.econbiz.de/10003327421
We analyze productivity growth differentials across the EU in the perspective of intangible, as well as tangible … the Northern area, Central Europe and the Mediterranean area. We find that intangible capital accumulation has strongly … contributed to labor productivity growth in the best performing European economies/regions. Moreover, we find evidence that …
Persistent link: https://www.econbiz.de/10013085460
into account. The data are used to study total factor productivity, labour and capital productivity developments in a … changes in labour services and the composition thereof, as drivers of value added and labour productivity growth. Significant …
Persistent link: https://www.econbiz.de/10012154247
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-term growth and labour productivity are still high in the international economic agenda, as they are crucial for living standards … contribute to the debate about the strong heterogeneity of the productivity performances in the European countries.In this paper … macro-economic dynamics, the Total Factor Productivity, becomes less important, while physical capital turns out to be …
Persistent link: https://www.econbiz.de/10013137062