Knowledge, Technology and Economic Growth: Recent Evidence from OECD Countries
In this paper we present an international comparison of growth trends in the OECD countries, with a special attention to developments in labour productivity - allowing for human capital accumulation - and multifactor productivity (MFP) - allowing for changes in the composition of fixed capital. An a...
Gespeichert in:
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2000
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | In this paper we present an international comparison of growth trends in the OECD countries, with a special attention to developments in labour productivity - allowing for human capital accumulation - and multifactor productivity (MFP) - allowing for changes in the composition of fixed capital. An attempt is also made to identify both the embodied (in particular in ICT equipment) and disembodied components of technical progress. The possible relation between improvements in MFP and the accumulation of knowledge (as proxied by R&D expenditures) is discussed, and some tentative policy considerations are advanced, mainly with reference to general framework conditions that might have a bearing in fostering technological changes. The main conclusions are that some "traditional" factors lay behind the disparities in growth patterns across the OECD countries. In particular, they refer to the ability of countries to employ their labour force. There also seem to be some new factors behind ... |
| Beschreibung: | 1 Online-Ressource (38 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/536435460443 |
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| spelling | Bassanini, Andrea Verfasser aut Knowledge, Technology and Economic Growth Recent Evidence from OECD Countries Andrea Bassanini, Stefano Scarpetta and Ignazio Visco Paris OECD Publishing 2000 1 Online-Ressource (38 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers In this paper we present an international comparison of growth trends in the OECD countries, with a special attention to developments in labour productivity - allowing for human capital accumulation - and multifactor productivity (MFP) - allowing for changes in the composition of fixed capital. An attempt is also made to identify both the embodied (in particular in ICT equipment) and disembodied components of technical progress. The possible relation between improvements in MFP and the accumulation of knowledge (as proxied by R&D expenditures) is discussed, and some tentative policy considerations are advanced, mainly with reference to general framework conditions that might have a bearing in fostering technological changes. The main conclusions are that some "traditional" factors lay behind the disparities in growth patterns across the OECD countries. In particular, they refer to the ability of countries to employ their labour force. There also seem to be some new factors behind ... Economics Scarpetta, Stefano ctb Visco, Ignazio ctb https://doi.org/10.1787/536435460443 Verlag kostenfrei Volltext |
| spellingShingle | Bassanini, Andrea Knowledge, Technology and Economic Growth Recent Evidence from OECD Countries Economics |
| title | Knowledge, Technology and Economic Growth Recent Evidence from OECD Countries |
| title_auth | Knowledge, Technology and Economic Growth Recent Evidence from OECD Countries |
| title_exact_search | Knowledge, Technology and Economic Growth Recent Evidence from OECD Countries |
| title_exact_search_txtP | Knowledge, Technology and Economic Growth Recent Evidence from OECD Countries |
| title_full | Knowledge, Technology and Economic Growth Recent Evidence from OECD Countries Andrea Bassanini, Stefano Scarpetta and Ignazio Visco |
| title_fullStr | Knowledge, Technology and Economic Growth Recent Evidence from OECD Countries Andrea Bassanini, Stefano Scarpetta and Ignazio Visco |
| title_full_unstemmed | Knowledge, Technology and Economic Growth Recent Evidence from OECD Countries Andrea Bassanini, Stefano Scarpetta and Ignazio Visco |
| title_short | Knowledge, Technology and Economic Growth |
| title_sort | knowledge technology and economic growth recent evidence from oecd countries |
| title_sub | Recent Evidence from OECD Countries |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/536435460443 |
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