Arbeitspapier

New technologies and productivity growth in the euro area

This paper provides an overview of the currently available evidence on the importance of information and communication technologies (ICT) for developments in productivity growth in the euro area. On the basis of the available data, there is evidence of an increased contribution of ICT to economic growth both in terms of production and investment in the second half of the 1990s. However, there is little, if any, evidence of significant positive spillover effects from the use of ICT to overall productivity growth. This implies that there is no reason to believe that potential output growth in the euro area has increased significantly in recent years on account of new technologies

Sprache
Englisch

Erschienen in
Series: ECB Working Paper ; No. 122

Klassifikation
Wirtschaft
Investment; Capital; Intangible Capital; Capacity
Microelectronics; Computers; Communications Equipment
Information and Internet Services; Computer Software
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Thema
average labour productivity
capital stock
euro area
growth accounting
Information and communication technologies
measurement issues
sectoral developments

Ereignis
Geistige Schöpfung
(wer)
Albers, Ronald
Vijselaar, Focco
Ereignis
Veröffentlichung
(wer)
European Central Bank (ECB)
(wo)
Frankfurt a. M.
(wann)
2002

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Albers, Ronald
  • Vijselaar, Focco
  • European Central Bank (ECB)

Entstanden

  • 2002

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