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- W3125087702 abstract "This paper studies the contribution of Information and Communication Technologies (ICT) on economic growth and labor productivity across the three leading economies in the world: Japan, Germany and the US. We use a dynamic general equilibrium growth model with investmentspeci c technological change to quantify the contribution to productivity growth in the three countries from di¤erent technological progress. We nd that contribution to productivity growth due to ICT capital assets is about 0.40 percentage points for Japan and Germany, whereas it is about 0.65 percentage points in the case of the US. Neutral technological change is the main source of productivity growth in Japan and Germany. For the US, the main source of productivity growth derives from investment-speci c technological change, mainly associated to ICT. JEL classi cation: O3; O4. Keywords: Productivity growth; Investment-speci c technological change; Neutral technological change; Information and communication technology." @default.
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- W3125087702 date "2008-01-01" @default.
- W3125087702 modified "2023-10-04" @default.
- W3125087702 title "Technological sources of productivity growth in Japan, the U.S. and Germany: What makes the difference?" @default.
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