Christofzik, Désirée I.; Elstner, Steffen; Feld, Lars P. - 2023
Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth … utilization-adjusted total factor productivity measure for the German economy, we find that the slowdown in U.S. productivity … growth since the mid-2000s had only a negligible impact on the German productivity trend. Second, by contrast, the structural …