Arbeitspapier

Are intangibles more productive in ICT-intensive industries? Evidence from EU countries

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Using sectoral intangible investment data we confirm that intangible capital is a significant determinant of labour productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across industries with varying degrees of ICT intensity. Intangible capital appears to be significantly more productive in ICT-intensive sectors than in those that use little ICT. This finding remains robust across various alternative industry ICT intensity measures and aligns with the prior firm-level studies that place emphasis on the complementary role of intangible assets in ICT investment.

Language: Englisch

Bibliographic citation: Series: ZEW Discussion Papers ; No. 14-070

Classification: Wirtschaft
Investment; Capital; Intangible Capital; Capacity
Human Capital; Skills; Occupational Choice; Labor Productivity
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

Subject: Intangible capital
ICT
economic growth
labour productivity

Event: Geistige Schöpfung

(who): Chen, Wen
Niebel, Thomas
Saam, Marianne

Event: Veröffentlichung

(who): Zentrum für Europäische Wirtschaftsforschung (ZEW)

(where): Mannheim

(when): 2014

Handle: http://hdl.handle.net/10419/102745

URN: urn:nbn:de:bsz:180-madoc-371495

Last update: 10.03.2025, 11:44 AM CET

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Object type

Arbeitspapier

Associated

Chen, Wen
Niebel, Thomas
Saam, Marianne
Zentrum für Europäische Wirtschaftsforschung (ZEW)

Time of origin

2014

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