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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 … potential explanation of the following two “productivity puzzles” reported in the Information Technology (IT) literature and in …
Persistent link: https://www.econbiz.de/10012445893
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uncertainty, firms that are credit constrained switch the composition of investment by reducing productivity-enhancing investment …We show that an increase in aggregate uncertainty - measured by stock market volatility - reduces productivity growth … difference-in-difference approach using productivity growth of 25 industries from 18 advanced economies over the period 1985 …
Persistent link: https://www.econbiz.de/10011634332
and Japan, forty detailed industries according to NACE Rev. 2 (ISIC Rev. 4) along with nine aggregated industries and … into account. The data are used to study total factor productivity, labour and capital productivity developments in a … changes in labour services and the composition thereof, as drivers of value added and labour productivity growth. Significant …
Persistent link: https://www.econbiz.de/10012154247
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 …, total factor productivity). Within the growth-accounting methodology, in Sect. 3, we discuss the U.S. - E.U. productivity …
Persistent link: https://www.econbiz.de/10011979491
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
An endogenous growth model is developed demonstrating both static and dynamic gains from trade for developing nations due to the beneficial effects of trade on imitation and technological diffusion. The concept of learning-to-learn in both imitative and innovative processes is incorporated into...
Persistent link: https://www.econbiz.de/10014074511
We show that an increase in aggregate uncertainty-measured by stock market volatility-reduces productivity growth more … using productivity growth for 25 industries for 18 advanced economies over the period 1985-2010-mitigates concerns with …
Persistent link: https://www.econbiz.de/10012977789
This study examines the impact of firm resources on ICT adoption by the Turkish business enterprises using firm level data. ICT adoption is measured at three levels: The first level is technology ownership. The second level is the presence of enterprise resource planning (ERP) and customer...
Persistent link: https://www.econbiz.de/10011309151