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The impact of demographic developments on productivity is still a little-explored subject. The authors find a strong … and unexpected link between slow labour productivity growth and rapid labour force growth over the period from the mid …
Persistent link: https://www.econbiz.de/10005518948
savings and investment. Jointly with meagre productivity growth, this implies a low natural rate of interest that conditions …, artificial intelligence, automation) may increase productivity growth but at the risk of having disruptive effects on employment …
Persistent link: https://www.econbiz.de/10012033383
The objective of the report is to provide an overview of the main drivers of economic growth and the productivity … accounting methodology is applied to explain value added and labour productivity growth for the total economy, manufacturing and … contribution of these factors of production to economic and productivity growth. Contributions of the main industries to value …
Persistent link: https://www.econbiz.de/10005824758
In this paper, we examine the sources of the productivity growth in the U.S. computer industry from 1978 to 1999. We … and product innovations. Based on the estimation results, we decompose total factor productivity (TFP) growth rate into …
Persistent link: https://www.econbiz.de/10005826890
This paper investigates the role of information and communication technology (ICT) as a driver of improved productivity …. The paper investigates how, and to what extent, ICT contributed to a narrowing in the productivity gap. Although … investment in ICT capital has strongly increased, total factor productivity (TFP) growth has made the largest contribution to …
Persistent link: https://www.econbiz.de/10008869296
We construct and estimate a unifi…ed model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10008873255
Offshoring is generally believed to be productivity-enhancing and this belief is underpinned by economic theory. This … productivity. Estimating the impact of materials and business services offshoring on productivity growth with industry-level data … results show that there is no productivity effect of materials offshoring, while business services offshoring leads to …
Persistent link: https://www.econbiz.de/10009149200
the Solow model towards a wide function that collects conditioning factors of labour productivity, measured by R & D …
Persistent link: https://www.econbiz.de/10008670573
This paper analyzes the impact of domestic and foreign technology in explaining Total Factor Productivity (TFP) growth …
Persistent link: https://www.econbiz.de/10008683548
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10008756413