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the US productivity revival and in the evolving US-EU productivity gap. In Israel, the ICT sector grew very rapidly during … the success of the ICT sector. The main goal of this paper is to shed light on these twin developments. We use newly … constructed data on industry-level ICT investments between 1990 and 2003 and estimate production functions for manufacturing …
Persistent link: https://www.econbiz.de/10005124405
information and communication technology (ICT), on aggregate and sectoral labor productivity growth. Findings show that the broad … diffusion of ICT affected growth significantly after 2000, owing to technical change, substitution and capital deepening, and …
Persistent link: https://www.econbiz.de/10011111634
Impressive productivity performance during the last decades has weakened since 2007, reflecting the 2008-09 recession but also a poor performance in important sectors, like the information and communication technology sector. Reforms to raise long term productivity growth need to be pursued....
Persistent link: https://www.econbiz.de/10011276818
adoption of information and communication technology (ICT). The literature has emphasised complementarities in production … between ICT and internal restructuring as an important mechanism. We investigate the idea that increased use of ICT has …
Persistent link: https://www.econbiz.de/10010275732
This paper presents new calculations for the production and use of information and communications technology (ICT) in … Finland from 1975 to 2001. ICT-production has in the late 1990s had significant impacts on growth and labour productivity (LP …). As the increase in LP seems to have mushroomed only in the production of ICT, aggregate LP growth experienced a slowdown …
Persistent link: https://www.econbiz.de/10010285176
technologies (ICT) diffusion impact: new ICT definitions; recognition of business and government software expenditures as fixed … investment; hedonic price index. Nevertheless, there still does not exist any clear consensus about the magnitude of the ICT … the debate surrounding the measure of the ICT impact: 1) Are there any substantial total factor productivity (TFP) gains …
Persistent link: https://www.econbiz.de/10005198934
The sustained increase in productivity gains from the spread of ICTs may increase potential output growth in the medium to long term via capital deepening effects and total factor productivity (TFP) gains, and in the short to medium term via the lagged adjustment of wages to productivity gains....
Persistent link: https://www.econbiz.de/10005056498
ICT countries; the Netherlands for their similarities with the above mentioned countries and France as a national … the importance of the ICT sector in these countries through a set of variables: the contribution of the ICT sector to GDP … the ICT sector to jobs growth and the ICT share in foreign trade and direct investment. We then describe the timing of the …
Persistent link: https://www.econbiz.de/10005689673
This paper assesses empirically whether R&D spillovers are important and whether they originate from domestic or foreign activities. Data for eleven sectors are used to explain the impact on total factor productivity of R&D by the sector itself, by other Dutch sectors and by foreign sectors. We...
Persistent link: https://www.econbiz.de/10011091579
This paper provides evidence about the diffusion of intangible investment across the EU27 member countries and investigates the role of intangible capital as a source of growth to improve our understanding of the international differences in the mix of drivers of productivity growth across...
Persistent link: https://www.econbiz.de/10009644132