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productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of consumer … durables impacts both the levels and growth rates of the capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …
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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 …
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productivity and overcome the crisis of the growth potential. …
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