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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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Paris
OECD Publishing
2000
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| Schriftenreihe: | OECD Economics Department Working Papers
no.259 |
| 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 p.) 21 x 29.7cm. |
| DOI: | 10.1787/536435460443 |
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| spelling | Bassanini, Andrea VerfasserIn 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 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.259 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 MitwirkendeR ctb Visco, Ignazio MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/536435460443 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_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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