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Information Technology and Productivity Growth - German Trends and OECD Comparisons (Hardcover)
Loot Price: R2,726
Discovery Miles 27 260
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Information Technology and Productivity Growth - German Trends and OECD Comparisons (Hardcover)
Series: Ifo Economic Policy series
Expected to ship within 12 - 17 working days
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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. This book is targeted at economists
and policymakers alike, and is designed to provide clear guidance
for those interested in industrial policy and statistical account
methods.
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