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New technologies and productivity growth in the Euro area Author info | Abstract | Publisher info | Download info | Related research | Statistics Ronald M. Albers () (European Union - Directorate General for Economic and Financial Affairs (DG ECFIN), Office BU-10/200, B-1049 Brussels, Belgium. )
This paper provides an overview of the currently available evidence on the importance of information and communication technologies (ICT) for developments in productivity growth in the euro area. On the basis of the available data, there is evidence of an increased contribution of ICT to economic growth both in terms of production and investment in the second half of the 1990s. However, there is little, if any, evidence of significant positive spillover effects from the use of ICT to overall productivity growth. This implies that there is no reason to believe that potential output growth in the euro area has increased significantly in recent years on account of new technologies. JEL Classification: E22; L63; L86; O3; O47.
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Paper provided by European Central Bank in its series Working Paper Series with number
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Length: 47 pages
Date of creation: Feb 2002Date of revision:
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Keywords: Information and communication technologies sectoral developments growth accounting euro area measurement issues. Other versions of this item:
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
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