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German Productivity - A Reassessment via the New Ifo Productivity Database

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Author Info
Andreas Kuhlmann
Abstract

A detailed analysis of the German productivity development is indispensable for understanding, why Europe is lagging behind the US growth since the mid 1990s. In this paper a new and unique database is used to analyze the sources of German productivity growth since 1970. It is shown that investment in information and communication technology (ICT) played a minor role in the German productivity development. The results include detailed descriptive statistics and projections for output and labor productivity growth for the coming decade. The base-case projection puts overall trend output growth at 1.53 percent per year over the next decade. Average labor productivity will grow at an annual rate of 1.59 percent.

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File URL: http://www.cesifo-group.de/DocDL/IfoWorkingPaper-35.pdf
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Publisher Info
Paper provided by Ifo Institute for Economic Research at the University of Munich in its series Ifo Working Paper Series with number Ifo Working Papers No. 35.

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Date of creation: 2006
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Handle: RePEc:ces:ifowps:_35

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Related research
Keywords: Growth accounting; productivity analysis; TFP;

Find related papers by JEL classification:
F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
R11 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Analysis of Growth, Development, and Changes

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This page was last updated on 2009-10-31.

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