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Trend productivity growth is a crucial determinant of future living standards as well as fiscal balances. In this article, Benoit Robidoux and Bing-Sun Wong from Finance Canada examine the issue of whether trend productivity growth has increased in Canada and conclude that in fact it has. If...
Persistent link: https://www.econbiz.de/10005292740
Composition of the euro area workforce evolves over time and in response to changing labour market conditions. We construct an estimate of growth in euro area labour quality over the period 1983-2004 and show that labour quality has grown on average by 0.6% year-on-year over this time period....
Persistent link: https://www.econbiz.de/10011604621
The euro area has experienced a sustained decline in labour productivity growth sincethe 1980s. In the economic literature this phenomenon is commonly explained by adecline in capital deepening and lower total factor productivity (TFP) growth. However,the decline in labour productivity growth...
Persistent link: https://www.econbiz.de/10010312076
due to the fairly widespread use of ICT, as Belgium’s investment expenditure on this item is greater than that of the …
Persistent link: https://www.econbiz.de/10009357667
The euro area has experienced a sustained decline in labour productivity growth sincethe 1980s. In the economic literature this phenomenon is commonly explained by adecline in capital deepening and lower total factor productivity (TFP) growth. However,the decline in labour productivity growth...
Persistent link: https://www.econbiz.de/10005046832
Composition of the euro area workforce evolves over time and in response to changing labour market conditions. We construct an estimate of growth in euro area labour quality over the period 1983-2004 and show that labour quality has grown on average by 0.6% year-on-year over this time period....
Persistent link: https://www.econbiz.de/10005662236
In this report we review the literature on the relationship between ICT and productivity. In Sect. 1 we discuss in … broad terms the theoretical relationship between ICT and productivity, while in Sect. 2 we present the growth accounting … methodology, which tries to measure the contributions to growth from difference sources (ICT and non ICT capital, human capital …
Persistent link: https://www.econbiz.de/10012055314
In this report we review the literature on the relationship between ICT and productivity. In Sect. 1 we discuss in … broad terms the theoretical relationship between ICT and productivity, while in Sect. 2 we present the growth accounting … methodology, which tries to measure the contributions to growth from difference sources (ICT and non ICT capital, human capital …
Persistent link: https://www.econbiz.de/10011979491
French ICT sector. But they argue that having a large ICT-producing sector is not a necessary condition to obtain the full … benefits from ICT use and conclude that the ICT contribution to growth in France and other European countries could increase …
Persistent link: https://www.econbiz.de/10005650251
In this report we review the literature on the relationship between ICT and productivity. In Sect. 1 we discuss in … broad terms the theoretical relationship between ICT and productivity, while in Sect. 2 we present the growth accounting … methodology, which tries to measure the contributions to growth from difference sources (ICT and non ICT capital, human capital …
Persistent link: https://www.econbiz.de/10011170074