Digitalisation and productivity: In search of the holy grail - Firm-level empirical evidence from EU countries:
This paper assesses how the adoption of a range of digital technologies affects firm productivity. It combines cross-country firm-level data on productivity and industry-level data on digital technology adoption in an empirical framework that accounts for firm heterogeneity. The results provide robu...
Gespeichert in:
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| Weitere Verfasser: | , , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2019
|
| Schriftenreihe: | OECD Economics Department Working Papers
no.1533 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper assesses how the adoption of a range of digital technologies affects firm productivity. It combines cross-country firm-level data on productivity and industry-level data on digital technology adoption in an empirical framework that accounts for firm heterogeneity. The results provide robust evidence that digital adoption in an industry is associated to productivity gains at the firm level. Effects are relatively stronger in manufacturing and routine-intensive activities. They also tend to be stronger for more productive firms and weaker in presence of skill shortages, which may relate to the complementarities between digital technologies and other forms of capital (e.g. skills, organisation, or intangibles). As a result, digital technologies may have contributed to the growing dispersion in productivity performance across firms. Hence, policies to support digital adoption should go hand in hand with creating the conditions to enable the catch-up of lagging firms, notably by easing access to skills. |
| Beschreibung: | 1 Online-Ressource (63 p.) |
| DOI: | 10.1787/5080f4b6-en |
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| spelling | Gal, Peter VerfasserIn aut Digitalisation and productivity: In search of the holy grail - Firm-level empirical evidence from EU countries Peter, Gal ... [et al] Paris OECD Publishing 2019 1 Online-Ressource (63 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1533 This paper assesses how the adoption of a range of digital technologies affects firm productivity. It combines cross-country firm-level data on productivity and industry-level data on digital technology adoption in an empirical framework that accounts for firm heterogeneity. The results provide robust evidence that digital adoption in an industry is associated to productivity gains at the firm level. Effects are relatively stronger in manufacturing and routine-intensive activities. They also tend to be stronger for more productive firms and weaker in presence of skill shortages, which may relate to the complementarities between digital technologies and other forms of capital (e.g. skills, organisation, or intangibles). As a result, digital technologies may have contributed to the growing dispersion in productivity performance across firms. Hence, policies to support digital adoption should go hand in hand with creating the conditions to enable the catch-up of lagging firms, notably by easing access to skills. Economics European Union Nicoletti, Giuseppe MitwirkendeR ctb Renault, Theodore MitwirkendeR ctb Sorbe, Stéphane MitwirkendeR ctb Timiliotis, Christina MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5080f4b6-en Volltext |
| spellingShingle | Gal, Peter Digitalisation and productivity: In search of the holy grail - Firm-level empirical evidence from EU countries Economics European Union |
| title | Digitalisation and productivity: In search of the holy grail - Firm-level empirical evidence from EU countries |
| title_auth | Digitalisation and productivity: In search of the holy grail - Firm-level empirical evidence from EU countries |
| title_exact_search | Digitalisation and productivity: In search of the holy grail - Firm-level empirical evidence from EU countries |
| title_full | Digitalisation and productivity: In search of the holy grail - Firm-level empirical evidence from EU countries Peter, Gal ... [et al] |
| title_fullStr | Digitalisation and productivity: In search of the holy grail - Firm-level empirical evidence from EU countries Peter, Gal ... [et al] |
| title_full_unstemmed | Digitalisation and productivity: In search of the holy grail - Firm-level empirical evidence from EU countries Peter, Gal ... [et al] |
| title_short | Digitalisation and productivity: In search of the holy grail - Firm-level empirical evidence from EU countries |
| title_sort | digitalisation and productivity in search of the holy grail firm level empirical evidence from eu countries |
| topic | Economics European Union |
| topic_facet | Economics European Union |
| url | https://doi.org/10.1787/5080f4b6-en |
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