ICT and Europe's productivity performance: Industry-level growth account comparisons with the United States

Review of Income and Wealth

Volumn 51, Issue 4, 2005, Pages 505-536

  Inklaar, Robert ^a   O'Mahony, Mary ^b   Timmer, Marcel ^a  

^a UNIVERSITY OF GRONINGEN   (Netherlands)

^b UNIVERSITY OF BIRMINGHAM   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 33745316767     PISSN: 00346586     EISSN: 14754991     Source Type: Journal    
DOI: 10.1111/j.1475-4991.2005.00166.x     Document Type: Article

References (31)

1. Ahmad, Nadim, "Measuring Investment in Software," OECD STI Working Paper, No. 2003/6, May 2003.
2. Basu, Susanto, John G. Fernald, Nicholas Oulton, and Sylaja Srinivasan, "The Case of the Missing Productivity Growth: Or, Does Information Technology Explain Why Productivity Accelerated in the United States but not in the United Kingdom?" in Mark Gertler and Kenneth Rogoff (eds), NBER Macroeconomics Annual, 2003.
3. Chun, Hyunbae, "Information Technology and the Demand for Educated Workers: Disentangling the Impacts of Adoption versus Use," Review of Economics and Statistics, 85(1), 1-8, February 2003.
4. Brynjolfsson, Erik and Lorin Hitt, "Beyond Computation: Information Technology, Organizational Transformation and Business Performance," Journal of Economic Perspectives, 14(4), 23-48, Fall 2000.
5. Colecchia, Alessandra and Paul Schreyer, "ICT Investment and Economic Growth in the 1990s: Is the United States a Unique Case? A Comparative Study of Nine OECD Countries," Review of Economic Dynamics, 5, 408-42, 2002.
6. Daveri, Francesco, "The New Economy in Europe, 1992-2001," Oxford Review of Economic Policy, 18, 345-62, 2002.
7. Fraumeni, Barbara M., "The Measurement of Depreciation in the U.S. National Income and Product Accounts," Survey of Current Business, July 1997.
8. Gordon, Robert J., "Does the 'New Economy" Measure up to the Great Inventions of the Past?" Journal of Economic Perspectives, 14(4), 49-74, Fall 2000.
9. GGDC (Groningen Growth and Development Centre), 60-Industry Database, version October 2003, downloadable at www.ggdc.net, 2003a.
10. _, Industry Growth Accounting Database, downloadable at www.ggdc.net, 2003b.
11. Inklaar, Robert, Mary O'Mahony, and Marcel P. Timmer, "ICT and Europe's Productivity Problem, Industry-level Growth Account Comparisons with the United States," GGDC Research Memorandum, GD-68, December 2003.
12. Jorgenson, Dale W. and Zvi Griliches, "The Explanation of Productivity Change," Review of Economic Studies, 34, 249-83, 1967.
13. Jorgenson, Dale W. and Kevin J. Stiroh, "Raising the Speed Limit: U.S. Economic Growth in the Information Age," Brookings Papers on Economic Activity, 1, 125-211, 2000.
14. Jorgenson, Dale W., Mun Ho and Kevin J. Stiroh, "Growth of US Industries and Investments in Information Technology and Higher Education," in Carol Corrado, John Haltiwanger and Daniel Sichel (eds), Measuring Capital in the New Economy, University of Chicago Press, Chicago, IL, 2005.
15. Oliner, Steven D. and Daniel E. Sichel, "The Resurgence of Growth in the Late 1990s: Is Information Technology the Story;" Journal of Economic Perspectives, 14(4), 3-22, Fall 2000.
16. O'Mahony, Mary, "Britain's Productivity Performance 1950-1996, An International Perspective," National Institute of Economic and Social Research, 1999.
17. O'Mahony, Mary and Bart van Ark (eds), EU Productivity and Competitiveness: A Sectoral Perspective; Can Europe Resume the Catching-Up Process?, European Commission, Brussels, November 2003.
18. O'Mahony, Mary and Michela Vecchi, "Is there an ICT Impact on TFP? A Heterogeneous Dynamic Panel Approach," Economica, forthcoming 2005.
19. OECD, Purchasing Power Parities and Real Expenditures, 1999 Benchmark year, OECD, Paris, 2002a.
20. _, Measuring the Information Economy, OECD, Paris, 2002b.
21. Oulton, Nicholas, "ICT and Productivity Growth in the United Kingdom," Bank of England Working Paper, No. 140, 2001.
22. Schreyer, Paul, "The Contribution of Information and Communication Technology to Output Growth: A Study of the G7 Countries," STI Working Papers, 2000/2, OECD, Paris, 2000.
23. _, "Computer Price Indices and International Growth and Productivity Comparisons," Review of Income and Wealth, 48(1), 15-31, March 2002.
24. Stiroh, Kevin J., "Are ICT Spillovers Driving the New Economy?" Review of Income and Wealth, 48(1), 33-58, 2002a.
25. _, "Information Technology and the U.S. Productivity Revival: What Do the Industry Data Say?" American Economic Review, 92(5), 1559-76, December 2002b.
26. Timmer, Marcel P. and Bart van Ark (2005), "Does Information and Communication Technology Drive EU-US Productivity Growth Differentials?" Oxford Economic Papers, 57(4), 2005.
27. Triplett, J. and B. Bosworth, Productivity in the U.S. Services Sector. New Sources of Economic Growth, The Brookings Institution, Washington D.C., 2004.
28. United Nations Statistics Division, System of National Accounts, United Nations, New York, 1993.
29. van Ark, Bart, Johanna Melka, Nanno Mulder, Marcel P. Timmer, and Gerard Ypma, "ICT Investment and Growth Accounts for the European Union, 1980-2000," GGGD Research Memorandum, No. GD-56, 2002.
30. van Ark, Bart, Robert Inklaar, and Robert H. McGuckin, " 'Changing Gear' Productivity, ICT and Service Industries: Europe and the United States," in Jens F. Christensen and Peter Maskell (eds), The Industrial Dynamics of the New Digital Economy, Edward Elgar, Cheltenham, November 2003.
31. Vijselaar, Focco and Ronald Albers, "New Technologies and Productivity Growth in the Euro Area," ECB Working Paper, No. 122, European Central Bank, Frankfurt, 2002.