Empirical essays on information technology and productivity growth:
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Format: | Abschlussarbeit Buch |
Sprache: | English |
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2009
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Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | XII, 108 Bl. graph. Darst. |
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Datensatz im Suchindex
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adam_text | Titel: Empirical essays on information technology and productivity growth
Autor: Strobel, Thomas
Jahr: 2009
Contents
List of Tables.....................................................................................................................i
List of Figures..................................................................................................................iii
Preface.............................................................................................................................iv
Chapter 1 The Ifo Industry Growth Accounting Database........................................1
1.1 Introduction........................................................................................................2
1.2 Growth Accounting Framework........................................................................4
1.3 Methods and Derivations of Factor Input Data..................................................6
1.3.1 Capital Inputs: Capital Services and Capital Stocks..................................6
1.3.1.1 Estimating Capital Services...................................................................6
1.3.1.2 Estimating Capital Stocks......................................................................7
1.3.1.3 User Cost of Capital.............................................................................13
1.3.2 Labor Inputs.............................................................................................14
1.3.2.1 Quality Adjusted Labor.......................................................................14
1.3.2.2 The Labor Compensation Share..........................................................16
1.4 Conclusion.......................................................................................................16
References....................................................................................................................18
Appendix......................................................................................................................21
Chapter 2 US Productivity Accelerations and Germany s Productivity Slump:
An Industry Analysis..................................................................................26
2.1 Introduction......................................................................................................27
2.2 Data..................................................................................................................28
2.3 Deriving Industry Contributions to Labor Productivity Growth.....................29
2.3.1 Methodology............................................................................................29
2.3.2 Growth Accounting Results.....................................................................31
2.4 Labor Productivity Contributions by Industry.................................................33
2.5 Labor Productivity Comparisons and the Importance of ICT..........................37
2.6 Industry TFP Contributions to Productivity Growth.......................................39
2.7 ICT as the Crucial Source of Productivity Growth..........................................40
2.8 Summary and Conclusions..............................................................................42
References....................................................................................................................44
Appendix......................................................................................................................46
Chapter 3 US-German Differences in Productivity Growth: Skills and ICT
Investment Complementarities.................................................................47
3.1 Introduction......................................................................................................48
3.2 Shares of Skilled Hours Worked for German and US Industries....................50
3.3 Sectoral Labor Productivity Contributions by Skill Intensity..........................52
3.4 Deriving Industry Contributions to Labor Productivity Growth.....................55
3.5 Quantifying the Effects of Skill Intensity on Productivity Growth.................59
3.5.1 Econometric Estimation...........................................................................59
3.5.1.1 Time Series Properties.........................................................................59
3.5.1.2 Econometric Modeling........................................................................60
3.5.2 Skill Intensity, ICT Effects and Industry Productivity Growth...............62
3.5.2.1 Industry Clusters..................................................................................62
3.5.2.2 Industry Heterogeneity........................................................................65
3.6 Conclusion.......................................................................................................69
References....................................................................................................................71
Appendix......................................................................................................................74
Chapter 4 R D Intensity, ICT Investment and Industry Productivity Growth.... 78
4.1 Introduction......................................................................................................79
4.2 Theoretical Underpinning................................................................................81
4.3 Industry Classifications....................................................................................82
4.4 R D, ICT Intensity and Productivity Growth.................................................84
4.5 Econometric Modelling...................................................................................87
4.5.1 Time Series Properties.............................................................................87
4.5.2 Econometric Estimation...........................................................................88
4.6 Capital and R D Effects on Productivity Growth..........................................90
4.6.1 OLS Estimates.........................................................................................91
4.6.2 LSDV Estimates......................................................................................95
4.6.3 First-Difference GMM Estimates............................................................97
4.7 Conclusion.....................................................................................................102
References..................................................................................................................103
Appendix....................................................................................................................106
List of Tables
Table 1.1 IIGAD Industry/Asset Classification in Accordance with National
Accounts.....................................................................................................9
Table 1.A1 German Industry Harmonization: Pre to Post 1991.................................21
Table 1.A2 German Asset Harmonization: Pre to Post 1991......................................22
Table 1 .A3 Data Sources, Ifo Industry Growth Accounting Database (IIGAD)........23
Table 1.A4 Geometric Depreciation Rates by Asset Types........................................24
Table 2.1 Sources of German Labor Productivity Growth......................................32
Table 2.2 Changes in Industry Contributions to Labor Productivity.......................36
Table 2.3 Labor Productivity Accelerations, 1992-2005........................................42
Table 2.A1 Value-Added Share and ALP, TFP Contributions by Industry................46
Table 3.1 German/US Skilled Hours as Fraction of Total Hours Worked (in %)... 50
Table 3.2 German/US Skill Intensities Across Major Industry Groups...................51
Table 3.3 German/US ALP Growth: Skill Intensity and Capital Deepening,
Industry Clusters......................................................................................63
Table 3.4 German/US ALP Growth: Skill Intensity and Capital Deepening,
LSDV.......................................................................................................68
Table 3.A1 Skill-Intensive Industry Clusters..............................................................74
Table 3.A2 Panel Unit-Root Tests (1992-2005).........................................................75
Table 3.A3 German/US ALP Trend Growth: Goods-Producing Industries,
LSDV of Table 3.4...................................................................................76
Table 3.A4 German/US ALP Trend Growth: Services, LSDV of Table 3.4..............77
Table 4.1 Industry Classification.............................................................................83
Table 4.2 ALP Growth Regressions by ICT Intensity and Innovation Taxonomy,
OLS Estimates, 1992-2004......................................................................93
Table 4.3 ALP Growth Regressions by ICT Intensity and Innovation Taxonomy,
LSDV Estimates, 1992-2004...................................................................96
Table 4.4 ALP Growth Regressions by ICT Intensity and Innovation Taxonomy,
First-Difference GMM Estimates, 1992-2004........................................99
Table 4.5 ALP Growth Regressions by ICT Intensity and Innovation Taxonomy,
First-Difference GMM Estimates, Reduced Set of Instruments,
1992-2004..............................................................................................101
Table 4.A1 Panel Unit-Root Tests (1992-2004).......................................................106
Ill
List of Figures
Figure 1 .A 1 German ICT Capital Stocks: IIGAD and Groningen 1991
(Billion Euros)..........................................................................................25
Figure 1.A2 German Non-ICT Capital Stocks: IIGAD and Groningen 1991
(Billion Euros)..........................................................................................25
Figure 2.1 US-German Labor Productivity Divergence............................................27
Figure 2.2 Industry ALP and TFP Contributions to German Labor Productivity
Growth......................................................................................................34
Figure 2.3 Industry Contributions to Change in Labor Productivity.........................38
Figure 3.1 German/US Industry Skill Intensity and Productivity Growth
Contributions............................................................................................52
Figure 3.2 German/US Industry Labor Productivity Growth Contributions.............54
Figure 3.3 German/US ICT and Skill Complementarities: Contributions to
Productivity Growth (in Percent).............................................................58
Figure 4.1 Contributions to Aggregate R D and Value-Added, 1991-2004...........85
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title | Empirical essays on information technology and productivity growth |
title_auth | Empirical essays on information technology and productivity growth |
title_exact_search | Empirical essays on information technology and productivity growth |
title_full | Empirical essays on information technology and productivity growth vorgelegt von Thomas Strobel |
title_fullStr | Empirical essays on information technology and productivity growth vorgelegt von Thomas Strobel |
title_full_unstemmed | Empirical essays on information technology and productivity growth vorgelegt von Thomas Strobel |
title_short | Empirical essays on information technology and productivity growth |
title_sort | empirical essays on information technology and productivity growth |
topic_facet | Hochschulschrift |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017763733&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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