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- W1526001574 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." @default.
- W1526001574 created "2016-06-24" @default.
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- W1526001574 date "2006-01-01" @default.
- W1526001574 modified "2023-09-27" @default.
- W1526001574 title "German Productivity - A Reassessment via the New Ifo Productivity Database" @default.
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