The Role of ICT on the Spanish Productivity Slowdown
AbstractThe paper presents a quantification of Spanish productivity performance over the last two decades –with a special mention to the role played by Information and Communication Technologies (ICT). It makes use of the capital service data -recently released by the BBVA Foundation- exploiting its sectoral break down. It concentrates in twenty six industries belonging to the business (non-primary) sectors of the economy. These industries are further grouped in two clusters according to their intensity in the use of ICT capital. Our results show that the ICT cluster as a whole has presented the most dynamic behaviour. However, some important differences can be detected, both among the industries included in the cluster and also over the period under consideration. A growth accounting exercise allows us to conclude that the Spanish economy shows notable inefficiencies, as identified by negative Total Factor Productivity (TFP) contributions to productivity growth during the period 1985-2004. However, the ICT intensive cluster has reversed its behaviour since 2000, driving a modest resurgence of labour productivity in Spain over the 2000-2004 period.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 15828.
Date of creation: 2006
Date of revision: 2006
Growth Accounting; Productivity; Information and Communication Technologies;
Other versions of this item:
- Quesada Ibáñez Javier & Mas Ivars Matilde, 2006. "The Role of ICT in the Spanish Productivity Slowdown," Working Papers 201035, Fundacion BBVA / BBVA Foundation.
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
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.:
- Marcel P. Timmer & Bart van Ark, 2005. "Does information and communication technology drive EU-US productivity growth differentials?," Oxford Economic Papers, Oxford University Press, vol. 57(4), pages 693-716, October.
- Dale W. Jorgenson & Kevin J. Stiroh, 2000.
"Raising the Speed Limit: US Economic Growth in the Information Age,"
OECD Economics Department Working Papers
261, OECD Publishing.
- Dale W. Jorgenson & Kevin J. Stiroh, 2000. "Raising the Speed Limit: U.S. Economic Growth in the Information Age," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 31(1), pages 125-236.
- Bresnahan, Timothy F, 1986. "Measuring the Spillovers from Technical Advance: Mainframe Computers inFinancial Services," American Economic Review, American Economic Association, vol. 76(4), pages 742-55, September.
- Manuel A. Hidalgo Pérez & Jesús Rodríguez López & José María O´Kean Alonso, 2008.
"Labor Demand and Information Technologies: Evidence for Spain, 1980-2005,"
08.12, Universidad Pablo de Olavide, Department of Economics.
- Manuel A. Hidalgo Pérez & Jesús Rodríguez López & José Mª O.Kean Alonso, 2008. "Labor demand and information technologies: evidence for Spain, 1980-2005," Economic Working Papers at Centro de Estudios Andaluces E2008/13, Centro de Estudios Andaluces.
- Diego Martínez López & Jesús Rodríguez López, 2006. "The role of new technologies in the economic growth of Andalucia," Economic Working Papers at Centro de Estudios Andaluces E2006/19, Centro de Estudios Andaluces.
- Mas, Matilde & Quesada, Javier & Robledo, Juan Carlos, 2007.
"Las nuevas tecnologías y la competitividad industrial
[New technologies and industrial competiveness]," MPRA Paper 15826, University Library of Munich, Germany, revised 2007.
- Martínez, Diego & Rodríguez, Jesús & Torres, José L., 2008.
"The productivity paradox and the new economy: The Spanish case,"
Journal of Macroeconomics,
Elsevier, vol. 30(4), pages 1569-1586, December.
- Jesús Rodríguez López & Diego Martínez López & José Luis Torres Chacón, 2007. "The Productivity Paradox and the New Economy: The Spanish Case," Working Papers 07.01, Universidad Pablo de Olavide, Department of Economics.
- Mas, Matilde & Quesada, Javier, 2005.
"Déficit tecnológico y crecimiento económico en España
[Technological deficit and economic growth in Spain]," MPRA Paper 15836, University Library of Munich, Germany, revised 2005.
- Diego Martínez & Jesús Rodríguez, 2009. "New technologies and regional growth: the case of Andalucía," The Annals of Regional Science, Springer, vol. 43(4), pages 963-987, December.
- Jesús Rodríguez López & Diego Martínez López, 2006. "New technologies and economic growth: a regional approach. The case of Andalucia," Working Papers 06.27, Universidad Pablo de Olavide, Department of Economics.
- Escudero, Verónica & López Mourelo, Elva, 2012. "Improving Competitiveness and Fostering Productivity in Spain/Mejorar la competitividad y fomentar la productividad en España," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 30, pages 105-136, Abril.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.