Showing 1 - 10 of 286,787
changes in labour services and the composition thereof, as drivers of value added and labour productivity growth. Significant … employing a growth accounting framework and an econometric analysis. The EU KLEMS 2019 data covers most EU Member States, the US … into account. The data are used to study total factor productivity, labour and capital productivity developments in a …
Persistent link: https://www.econbiz.de/10012154247
This paper introduces new estimates of recent productivity developments in the United States, using an appropriate … continued strong performance of U.S. productivity since 2000. We find that the major sectoral players in the late 1990s pickup … were not contributors to the more recent surge in productivity. Rather, striking gains in MFP in the finance and business …
Persistent link: https://www.econbiz.de/10012709388
surge in U.S. economic growth after 1995. The relentless decline in the prices of information technology equipment and … software has steadily enhanced the role of IT investment. Productivity growth in IT-producing industries has risen in …A consensus has emerged that the remarkable behavior of Information Technology (IT) prices provides the key to the …
Persistent link: https://www.econbiz.de/10008478415
investment, though may be exogenous to growth, has been identified to bring about productivity and ecological spillovers. In view …Globally, investments in physical and human capital have been identified to foster real economic growth and development … complements or substitutes in varying scenarios. While domestic investments bring about endogenous growth processes, foreign …
Persistent link: https://www.econbiz.de/10012115869
Research on the effect of ICT on productivity in OECD countries is already extensive, but the spillover and time …-varying effects of ICT investment across economic activities have been only minimally explored. This paper investigates the impacts of … ICT and its spillovers on productivity in Canada, focusing on heterogeneity across provinces and industries over time. The …
Persistent link: https://www.econbiz.de/10012993920
potential explanation of the following two “productivity puzzles” reported in the Information Technology (IT) literature and in …As it takes time and effort to learn how to fully utilise new technology and realise its maximum potential productivity … gain, adoption of new technology tends to reduce productivity temporarily, even though the potential productivity gain in …
Persistent link: https://www.econbiz.de/10012445893
potential explanation of the following two "productivity puzzles" reported in the Information Technology (IT) literature and in …As it takes time and effort to learn how to fully utilise new technology and realise its maximum potential productivity … gain, adoption of new technology tends to reduce productivity temporarily, even though the potential productivity gain in …
Persistent link: https://www.econbiz.de/10014042573
productivity gains to investment and an incentive plan, we are left with a large unexplained component. Learning by experimentation …, or tweaking, seems to be behind the continual and gradual process of productivity growth. The findings suggest that …We document the evolution of productivity in a steel mini mill with fixed capital, producing an unchanged product with …
Persistent link: https://www.econbiz.de/10010232404
For the mid to late 1990s and early 2000s, the basic neoclassical growth theory predicts a steady Japanese economy …, when in fact the Japanese economy was depressed. This study applies the new theory with intangible investment and non …-­neutral technology proposed by McGrattan & Prescott (2010) to the Japanese economy, and finds that the predictions derived from the new …
Persistent link: https://www.econbiz.de/10012961605
For the mid to late 1990s and early 2000s, the basic neoclassical growth theory predicts a steady Japanese economy …, when in fact the Japanese economy was depressed. This study applies the new theory with intangible investment and non …-neutral technology proposed by McGrattan & Prescott (2010) to the Japanese economy, and finds that the predictions derived from the new …
Persistent link: https://www.econbiz.de/10012950924