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首页> 外文期刊>Oxford Review of Economic Policy >THE NEW ECONOMY IN EUROPE, 1992-2001
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THE NEW ECONOMY IN EUROPE, 1992-2001

机译:1992-2001年欧洲的新经济

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摘要

Despite the fast catching up in the diffusion of information and communication technologies (ICT) experienced by most EU countries in the last few years, information technologies have so far delivered few productivity gains in Europe. In the second half of the past decade, the growth contributions from ICT capital rose in six EU countries only (the UK, Denmark, Finland, Sweden, Ireland, and Greece). Unlike in the USA, this has not generally been associated with higher labour or total factor productivity (TFP) growth rates, the only exceptions being Ireland and Greece. Particularly worrying, the large countries in Continental Europe (Germany, France, Italy, and Spain) showed stagnating or mildly declining growth contributions from ICT capital, together with definite declines in TFP growth compared to the first half of the 1990s. It looks as though the celebrated 'Solow paradox' on the lack of correlation between ICT investment and productivity growth has fled the USA and come to Europe.
机译:尽管最近几年大多数欧盟国家在信息和通信技术(ICT)的普及方面迅速追赶,但迄今为止,信息技术在欧洲几乎没有带来任何生产率的提高。在过去十年的下半年中,仅在六个欧盟国家(英国,丹麦,芬兰,瑞典,爱尔兰和希腊),ICT资本对增长的贡献就增加了。与美国不同,这通常与较高的劳动力或全要素生产率(TFP)增长率无关,唯一的例外是爱尔兰和希腊。特别令人担忧的是,欧洲大陆的大国(德国,法国,意大利和西班牙)显示,ICT资本对增长的贡献停滞不前或略有下降,与1990年代上半叶相比,全要素生产率的增长明显下降。看来,因ICT投资与生产率增长之间缺乏相关性而著名的“ Solow悖论”已经逃离了美国,来到了欧洲。

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