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- W618346762 abstract "This paper investigates whether intangibles might explain the UK productivity puzzle. We note that since the recession: (a) firms have upskilled faster than before; (b) intangible investment in RD and (c) intangible and telecoms equipment investment slowed in advance of the recession. We have therefore tested to see if: (a) what looks like labour hoarding is actually firms keeping workers who are employed in creating intangible assets; (b) the current slowdown in TFP growth is due to the spillover effects of the past slowdown in RD (b) 0.75pppa of the TFP growth slowdown can be accounted for by the slowdown in intangible and telecoms investment in the early 2000s. Taken together intangible investment can therefore account for around 5 percentage points of the 16% productivity puzzle." @default.
- W618346762 created "2016-06-24" @default.
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- W618346762 date "2014-04-28" @default.
- W618346762 modified "2023-09-25" @default.
- W618346762 title "Training Korean speakers on English vowels and prosody: Individual differences in perception, production and vowel epenthesis" @default.
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