Information technology and productivity growth
Subtitle: German trends and OECD comparisons
By: Theo S. Eicher and Thomas Strobel
Contributors: Strobel, Thomas, 1975-
Series: Ifo economic policy; Ifo economic policy series
Publisher: Edward Elgar; Edward Elgar Pub
Published: 2009
Place of publication: Cheltenham, UK; Northampton, MA, USA
Language: eng
Number of pages: 102
ISBN-13: 9781848440913
Subjects: Investition; Organisation for Economic Co-operation and Development; Industrial productivity; OECD; Deutschland; OECD-Staaten; Informationstechnik; Vergleich; Internationaler Vergleich; Produktivitätszuwachs; Wirtschaftswachstum; Economic conditions; Information technology; Industrial policy; Produktivität; IT-Industrie
Description: "Theo S. Eicher and Thomas Strobel present an industry-level account of the recent changes in German productivity growth and compare the trends to Europe and the US. The specific focus is on how differential investments in information and communication technologies (ICT) affected the economic performance of these economies. Not all industrialized countries shared the economic fortunes that ICT presented to the US economy. While the US experienced successive accelerations in its trend growth in 1995 and again in 2000, Germany experienced dual reductions in labor productivity growth. Some European economies fared better and others even worse than Germany. Since productivity is the ultimate determinant of living standards, the authors examine the sources of these productivity differentials. They also present a new German growth accounting database that utilizes unique ICT investment data, sourced directly from the industries, to place their findings into an international context."--Publisher's website.
Notes: Includes bibliographical references (p. 90-96) and index.
Table of contents: title: 1.; title: Introduction -- -- 2.; title: Deriving New Economy Data at the Industry Level -- -- 3.; title: Industry Origins of the US Productivity Accelerations and Germany's Productivity Slump -- -- 4.; title: ICT Intensity and Productivity Growth: An International Comparison -- -- 5.; title: Information and Communication Technology (ICT) and Productivity: Software Investments as the Decisive Driver -- -- 6.; title: Education and ICT Investment Complementarities -- -- 7.; title: Industry Productivity, R&D Intensity, and ICT Investment