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Two different approaches are used in this article to study productivity per employee: the determinants of its growth … shown to have a positive and significant effect on both growth rates and levels of productivity. This result is consistent … paper, the employment rate and productivity exhibit a significant negative relationship, arising from the concentration of …
Persistent link: https://www.econbiz.de/10014188048
ICT capital is an important driver of productivity growth. Using data from the EUKLEMS growth accounts, we show that … ICT has made smaller contributions to labour productivity growth in the EU-15 than in the US, both at the macro level and … productivity (TFP) growth – sharply declined in Europe and has remained weak since the mid-1990s whereas the US has seen …
Persistent link: https://www.econbiz.de/10013112576
productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across …
Persistent link: https://www.econbiz.de/10010416341
The People's Republic of China's (PRC) remarkable growth performance over the last 3 decades has been associated to very robust export growth, so much so that many refer to it as a clear example of export-led growth (ELG). Using the concept of the balance-of-payments equilibrium (BOPE) growth...
Persistent link: https://www.econbiz.de/10011896368
Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence that the literature … input, and productivity performance. Second, we examine the extent to which information technology producing and information … technology-using industries have contributed to the aggregate multifactor productivity revival. Our results suggest that while …
Persistent link: https://www.econbiz.de/10012718101
We analyze productivity growth differentials across the EU in the perspective of intangible, as well as tangible … contributed to labor productivity growth in the best performing European economies/regions. Moreover, we find evidence that …
Persistent link: https://www.econbiz.de/10013085460
This paper compares the effects of information and communication technology (ICT) on aggregate labour productivity … and (ii) total factor productivity (TFP) growth originating from ICT-goods production. We find that together these two … effects almost fully explain the US lead in labour productivity growth over the EU during the period 1995-2001. We also argue …
Persistent link: https://www.econbiz.de/10012760877
exploring trends in energy- and labour productivity across 10 manufacturing sectors and 14 OECD countries for the period 1970 … considerably to aggregate manufacturing energy-productivity growth and, hence, to decoupling, while in other countries they partly … manufacturing labour-productivity developments. Furthermore, we find labour-productivity growth to be higher on average than energy-productivity …
Persistent link: https://www.econbiz.de/10011334858
The People's Republic of China's (PRC) remarkable growth performance over the last 3 decades has been associated to very robust export growth, so much so that many refer to it as a clear example of export-led growth (ELG). Using the concept of the balance-of-payments equilibrium (BOPE) growth...
Persistent link: https://www.econbiz.de/10012892042
The paper addresses the topic of an overall long-term productivity slowdown in labor productivity for a panel of 25 …-term productivity trends using state-space approaches, we extract a common factor from these long-term trend series using factor … analysis. The country specific differences are only of second order importance. Dominant is an overall long-term productivity …
Persistent link: https://www.econbiz.de/10011532779