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This paper aims to revisit the relationship between intangible capital and labour productivity growth using the largest … intangibles, the paper finds that these have become the dominant source of labour productivity growth in the EU, explaining 56 … a solid positive relationship between intangibles and labour productivity growth. Third, when accounting for the …
Persistent link: https://www.econbiz.de/10012060685
This paper aims to revisit the relationship between intangible capital and labour productivity growth using the largest … intangibles, the paper finds that these have become the dominant source of labour productivity growth in the EU, explaining up to … detects a solid positive relationship between intangibles and labour productivity growth. Third, when accounting for the …
Persistent link: https://www.econbiz.de/10012145830
This paper assesses the productivity puzzle critically and gives an outlook on the COVID-19 crisis. It offers two main … conclusions. First, it posits that a large fraction of the productivity puzzle can be solved by incorporating intangible capital … into the asset boundary of the national accounts. Thus, the productivity puzzle is largely explained as a consequence of …
Persistent link: https://www.econbiz.de/10012485717
In the last decade there has been an upsurge of studies on international comparisons of Total Factor Productivity (TFP … physical capital) but mainly in productivity and technology. Therefore, a crucial issue is the analysis of the determinants of …
Persistent link: https://www.econbiz.de/10014206553
The fourth issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards … contains five articles. Topics covered are: recent productivity developments in the United States and Canada and implications … for the Canada-U.S. productivity and income gaps; the importance of skills for innovation and productivity; the diffusion …
Persistent link: https://www.econbiz.de/10005650247
This paper focuses on investment in research and development as a factor of labour productivity and economic growth … productivity (expressed in the number of hours worked) based on selected data for EU Member States in the period 1995-2013. A … development (2.85% of EU GDP) maximising productivity (per hour of work) was determined based on the examined data. In accordance …
Persistent link: https://www.econbiz.de/10012020507
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U …
Persistent link: https://www.econbiz.de/10012290495
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U …
Persistent link: https://www.econbiz.de/10012239797
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10014025596
Innovation is widely recognized as a key ingredient of productivity success. This article by Someshwar Rao, Ashfaq … positive relationship between measures of fundamental innovation, labour productivity and GDP per capita across OECD countries …
Persistent link: https://www.econbiz.de/10005481859