IDEAS home Printed from https://ideas.repec.org/a/spr/empeco/v29y2004i3p621-646.html
   My bibliography  Save this article

New technologies and productivity growth in the euro area

Author

Listed:
  • Focco Vijselaar
  • Ronald Albers

Abstract

This paper provides an overview of the available evidence on the importance of information and communication technologies (ICT) for developments in average labour productivity (ALP) growth in the euro area. The contribution of ICT to ALP growth is found to have increased both in terms of production and investment over the 1990s (up to 2001). However, there is no evidence of significant positive spillover effects from the use of ICT on ALP 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. Comparing developments in the euro area and the United States, it appears, however, that ICT capital cannot account for much of the difference in ALP developments over the 1990s. This suggests that cyclical developments and, in particular, the structure of the economy are more important for explaining the difference in performance. Copyright Springer-Verlag 2004

Suggested Citation

  • Focco Vijselaar & Ronald Albers, 2004. "New technologies and productivity growth in the euro area," Empirical Economics, Springer, vol. 29(3), pages 621-646, September.
    • Handle: RePEc:spr:empeco:v:29:y:2004:i:3:p:621-646
    DOI: 10.1007/s00181-004-0202-z
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s00181-004-0202-z
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s00181-004-0202-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Muhammad Bilal Ahsin & Jerome Kueh & Muhammad Asraf bin Abdullah, 2021. "Impact of Economic Integration and Information and Communication Technology on Economic Growth for European Union: Dynamic Panel GMM Approach," Business and Economic Research, Macrothink Institute, vol. 11(4), pages 1-17, December.
    2. Guido Schwerdt & Jarkko Turunen, 2007. "Changes in Human Capital: Implications for Productivity Growth in the Euro Area," ifo Working Paper Series 53, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    3. Francesco Venturini, 2009. "The long-run impact of ICT," Empirical Economics, Springer, vol. 37(3), pages 497-515, December.
    4. Esteban Alfaro Cortés & José-Luis Alfaro Navarro, 2011. "Do ICT Influence Economic Growth and Human Development in European Union Countries?," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 17(1), pages 28-44, February.
    5. repec:kap:iaecre:v:17:y:2011:i:1:p:28-44 is not listed on IDEAS
    6. Guido Schwerdt & Jarkko Turunen, 2007. "Growth In Euro Area Labor Quality," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 53(4), pages 716-734, December.
    7. Admir Antonio Betarelli & Weslem Rodrigues Faria & Rosa Livia Gonçalves Montenegro & Fernando Salgueiro Perobelli & Luiz Carlos Santana Ribeiro, 2022. "Telecommunications, productivity and regional dependence: a comparative analysis between the Brazil, China and main developed regions in the post-reform period," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 11(1), pages 1-24, December.

    More about this item

    Keywords

    Information and communication technologies; average labour productivity; sectoral developments; growth accounting; euro area; E22; L63; L86; O3; O47;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:empeco:v:29:y:2004:i:3:p:621-646. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.