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The productivity paradox has sparked a great deal of research during the past three decades. Unfortunately, neither the … investments in information and communication technology (ICT) affect the productivity of firms, sectors, and economies. This study … aims to solve the productivity paradox by analysing the moderating effect of technological innovations on the link between …
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I estimate a nested CES production function for 9 European countries over 1996- 2020 using EU KLEMS data, distinguishing between information and communication technologies (ICT), intellectual property (IP) capital, and traditional capital. I assume that the aggregate output is produced using...
Persistent link: https://www.econbiz.de/10015163628
This paper is concerned with measuring and influencing the direction of technological change. First, it provides a comprehensive assessment of the factor bias of technological change using panel data from the World Input-Output Database (WIOD) for 25 EU countries from 1995 to 2009. We measure...
Persistent link: https://www.econbiz.de/10011340224
I estimate CES aggregate production functions for the US, the UK, Japan, Germany, and Spain using data from the EU KLEMS database. I distinguish between three types of capital: information and communication technologies (ICT), intellectual property (IP) capital, and traditional capital. I assume...
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