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Productivity change using growth accounting and frontier-based approaches – Evidence from a Monte Carlo analysis

Giraleas, Dimitris; Emrouznejad, Ali; Thanassoulis, Emmanuel - Volkswirtschaftliche Fakultät, … - 2011

This study presents some quantitative evidence from a number of simulation experiments on the accuracy of the productivity growth estimates derived from growth accounting (GA) and frontier-based methods (namely Data envelopment Analysis-, Corrected ordinary least squares-, and Stochastic...

Persistent link: https://www.econbiz.de/10011258844

Von der Euroeinführung zur Schuldenkrise: Ergebnisse einer Wachstumszerlegung für ausgewählte Länder des Euroraums

Meulen, Philipp an de; Schmidt, Torsten - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 82 (2013) 2, pp. 77-96

In the aftermath of the Great Recession, the Euro Area turned into a deep financial and currency crisis. Depending on their economic structures, however, member countries have been affected in different ways. Performing a growth accounting for Germany, France, Italy, Spain, Greece and Portugal,...

Persistent link: https://www.econbiz.de/10011128157

Selecting between different productivity measurement approaches: An application using EU KLEMS data

Giraleas, Dimitris; Emrouznejad, Ali; Thanassoulis, Emmanuel - Volkswirtschaftliche Fakultät, … - 2012

Over the years, a number of different approaches were developed to measure productivity change, both in the micro and the macro setting. Since each approach comes with its own set of assumptions, it is not uncommon in practice that they produce different, and sometimes quite divergent,...

Persistent link: https://www.econbiz.de/10011111030

Productivity and Economic Growth in Europe: A Comparative Industry Perspective

Timmer, Marcel P.; Inklaar, Robert; O'Mahony, Mary; … - In: International Productivity Monitor 21 (2011) Spring, pp. 3-23

Information and Communications Technology (ICT), in particular in market services. The analysis is based on an update of the EU …

Persistent link: https://www.econbiz.de/10010833346

Tangible and intangible assets in the growth performance of the EU, Japan and the US

Adarov, Amat; Stehrer, Robert - 2019

This paper discusses new results using the EU KLEMS 2019 Release focussing on the role of ICT and intangibles assets … analysis studies the implications of various asset types and particularly the role of ICT and intangible capital, as well as …

Persistent link: https://www.econbiz.de/10012262799

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/10012425696

An overview of the EU KLEMS Growth and Productivity Accounts

Koszerek, Douglas; Havik, Karel; Morrow, Kieran Mc; … - Directorate-General Economic and Financial Affairs, … - 2007

The EU KLEMS project represents a unique collective effort on behalf of academics, statisticians and policy makers to provide fundamental policy insights into the changes which have occurred at the industry level in Europe, the US and Japan over recent decades. The present paper has focussed on...

Persistent link: https://www.econbiz.de/10008459151

Investment-Specific Technical Change in the US (1947-2000): Measurement and Macroeconomic Consequences

Cummins, Jason G; Violante, Giovanni L - C.E.P.R. Discussion Papers - 2002

By extrapolating Gordon’s (1990) measures of the quality-bias in the official price indexes, we construct quality-adjusted price indexes for 24 types of equipment and software (E&S) from 1947 to 2000 and use them to measure technical change at the aggregate and at the industry level....

Persistent link: https://www.econbiz.de/10005504732

Ingredients for the New Economy: How Much does finance matter?

Bugamelli, Matteo; Pagano, Patrizio; Francesco Paternï¿½ - Banca d'Italia - 2001

investing in ICT than with the creation of new firms in ICT-producing sectors. Saying that finance is a major obstacle in Europe …

Persistent link: https://www.econbiz.de/10005609355

Australian Use of Information Technology and its Contribution to Growth

Simon, John; Wardrop, Sharon - Reserve Bank of Australia - 2002

This paper investigates the gains from the use of information technology in Australia during the 1990s using a growth accounting framework. We make use of new industry-level estimates of the productive capital stock. Our analysis suggests that Australia has done well out of the ‘new...

Persistent link: https://www.econbiz.de/10005423581