Skip to main content Accessibility help
×
Home
Hostname: page-component-99c86f546-x5mqb Total loading time: 0.865 Render date: 2021-11-28T14:09:26.595Z Has data issue: true Feature Flags: { "shouldUseShareProductTool": true, "shouldUseHypothesis": true, "isUnsiloEnabled": true, "metricsAbstractViews": false, "figures": true, "newCiteModal": false, "newCitedByModal": true, "newEcommerce": true, "newUsageEvents": true }

9 - Intangibles, ICT and industry productivity growth: evidence from the EU

Published online by Cambridge University Press:  07 January 2017

Dale W. Jorgenson
Affiliation:
Harvard University, Massachusetts
Kyoji Fukao
Affiliation:
Hitotsubashi University, Tokyo
Marcel P. Timmer
Affiliation:
Rijksuniversiteit Groningen, The Netherlands
Get access

Summary

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Chapter
Information
The World Economy
Growth or Stagnation?
, pp. 319 - 346
Publisher: Cambridge University Press
Print publication year: 2016

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Acharya, R. and Basu, S.. 2010. “ICT and TFP Growth: Intangible Capital or Productive Externalities?Industry Canada Working Paper 2010–1, Industry Canada.Google Scholar
Baldwin, J. R., Gu, W., and Macdonald, R.. 2012. “Intangible Capital and Productivity Growth in Canada,” The Canadian Productivity Review (29).Google Scholar
Barnes, P. and McClure, A.. 2009. “Investments in Intangible Assets and Australia’s Productivity Growth. Staff Working Paper, Productivity Commission, Canberra.
Basu, S., Fernald, J. G., Oulton, N., and Srinivasan, S.. 2004. “The Case of the Missing Productivity Growth: Or, Does Information Technology Explain why Productivity Accelerated in the United States but not in the United Kingdom?” In Gertler, M. and Rogoff, K. (eds.), NBER Macroeconomics Annual 2003. Cambridge, MA: The MIT Press, 982.Google Scholar
Borgo, M. D., Goodridge, P., Haskel, J., and Pesole, A.. 2013. “Productivity and Growth in UK Industries: An Intangible Investment Approach,” Oxford Bulletin of Economics and Statistics, 75(6): 806834.CrossRefGoogle Scholar
Brambor, T., Clark, W. R., and Golder, M.. 2006. “Understanding Interaction Models: Improving Empirical Analyses,” Political Analysis, 14: 6382.CrossRefGoogle Scholar
Bresnahan, T. F., Brynjolfsson, E., and Hitt, L. M.. 2002. “Information Technology, Workplace Organization, and the Demand for Skilled Labor: Firm-level Evidence,” Quarterly Journal of Economics, 117(1), 339376.CrossRefGoogle Scholar
Brynjolfsson, E. and Hitt, L. M.. 2000. “Beyond Computation: Information Technology, Organizational Transformation and Business Performance,” Journal of Economic Perspectives, 14: 2348.CrossRefGoogle Scholar
Brynjolfsson, E., Hitt, L. M., and Yang, S.. 2002. “Intangible Assets: Computers and Organizational Capital,” Brookings Papers on Economic Activity, 1: 137198.CrossRefGoogle Scholar
Caves, D. W., Christensen, L. R., and Diewert, W. E.. 1982. “The Economic Theory of Index Numbers and the Measurement of Input, Output, and Productivity,” Econometrica, 50(6): 13931414.CrossRefGoogle Scholar
Chen, W., Niebel, T., and Saam, M.. 2014. “Are Intangibles More Productive in ICT-intensive Industries? Evidence from EU Countries,” ZEW Discussion Papers, 14(070).Google Scholar
Corrado, C., Haskel, J., and Jona-Lasinio, C.. 2014. “Knowledge Spillovers, ICT, and Productivity Growth.” The Conference Board, CEPR, and IZA Working Paper, The Conference Board, Imperial College, LUISS and ISTAT.
Corrado, C., Haskel, J., Jona-Lasinio, C., and Iommi, M.. 2012. “Intangible Capital and Growth in Advanced Economies: Measurement and Comparative Results.” Working Paper, available at www.intan-invest.net.
Corrado, C., Haskel, J., Jona-Lasinio, C., and Iommi, M.. 2013. “Innovation and Intangible Investment in Europe, Japan, and the United States,” Oxford Review of Economic Policy, 29(2): 261286.CrossRefGoogle Scholar
Corrado, C., Haskel, J., Jona-Lasinio, C., and Iommi, M.. 2014. “Intangibles and Industry Productivity Growth: Evidence from the EU.” Working Paper, available at www.intan-invest.net.
Corrado, C., Hulten, C., and Sichel, D.. 2005. “Measuring Capital and Technology: An Expanded Framework.” In Corrado, C., Haltiwanger, J., and Sichel, D. (eds.), Measuring Capital in the New Economy, Volume 66 of NBER Studies in Income and Wealth. University of Chicago Press, 1146.CrossRefGoogle Scholar
Corrado, C., Hulten, C., and Sichel, D.. 2009. “Intangible Capital and US Economic Growth,” Review of Income and Wealth, 55(3): 661685.CrossRefGoogle Scholar
Fukao, K., Miyagawa, T., Mukai, K., Shinoda, Y., and Tonogi, K.. 2009. “Intangible Investment in Japan: Measurement and Contribution to Economic Growth,” Review of Income and Wealth, 55(3): 717736.CrossRefGoogle Scholar
Jorgenson, D. W. and Griliches, Z.. 1967. “The Explanation of Productivity Change,” The Review of Economic Studies, 34(3), 249283.CrossRefGoogle Scholar
Jorgenson, D. W., Ho, M. S., and Stiroh, K. J.. 2003. “Lessons from the US Growth Resurgence,” Journal of Policy Modeling, 25(5): 453470.CrossRefGoogle Scholar
Jorgenson, D. W., Ho, M. S., and Stiroh, K. J.. 2005. Productivity. Volume 3: Information Technology and the American Growth Resurgence. Cambridge, MA: The MIT Press.Google Scholar
Machlup, F. 1962. The Production and Distribution of Knowledge in the United States. Princeton University Press.Google Scholar
Marrano, M. G., Haskel, J., and Wallis, G.. 2009. “What Happened to the Knowledge Economy? ICT, Intangible Investment and Britain’s Productivity Record Revisited,” Review of Income and Wealth, 55(3): 686716.CrossRefGoogle Scholar
Nakamura, L. 1999. “Intangibles: What Put the New in the New Economy?” Techreport, Federal Reserve Bank of Philadelphia Business Review, July/August.
Ponomarenko, Aleksey N. 2002. “Retrospektivnye National’Nye Scheta Rossii: 1961–1990” [Retrospective Russian National Accounts in 1961–1990]. Moscow: Finansy i statistika.
Pyo, H. K., Chun, H., and Rhee, K.. 2012. “Intangible Capital and Economic Growth: A Theoretical Model and Further Evidences.” Paper Prepared for the 2nd World KLEMS Conference, Harvard University (August).
Rajan, R. G. and Zingales, L.. 1998. “Financial Dependence and Growth,” American Economic Review, 88(3): 559586.Google Scholar
Reinsdorf, M. and Yuskavage, R.. 2010. “Exact Industry Contributions to Labor Productivity Change.” In Diewert, W., Balk, B., Fixler, D., Fox, K., and Nakamura, A. (eds.), Price and Productivity Measurement: Index Number Theory, vol. 6. Bloomington, IN: Trafford Press, ch. 5, pp.77102.Google Scholar
Stiroh, K. J. 2002. “Are ICT Spillovers Driving the New Economy?Review of Income and Wealth, 48(1): 3357.CrossRefGoogle Scholar
van Ark, B., Hao, J., Corrado, C., and Hulten, C.. 2009. “Measuring Intangible Capital and its Contribution to Economic Growth in Europe,” European Investment Bank Papers, 14(1): 6293.Google Scholar
4
Cited by

Send book to Kindle

To send this book to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about sending to your Kindle.

Note you can select to send to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be sent to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Send book to Dropbox

To send content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about sending content to Dropbox.

Available formats
×

Send book to Google Drive

To send content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about sending content to Google Drive.

Available formats
×