Productivity drivers: empirical evidence on the role of digital and intangible capital, FDI and integration

被引：8
|
作者：
Adarov, Amat [1 ,2 ]
Klenert, David [3 ]
Marschinski, Robert [3 ]
Stehrer, Robert [4 ]
机构：
[1] World Bank, Vienna, Austria
[2] Vienna Inst Int Econ Studies Wiiw, Vienna, Austria
[3] European Commiss, Joint Res Ctr, Seville, Spain
[4] Vienna Inst Int Econ Studies wuw, Rahlgasse 3, A-1060 Vienna, Austria
来源：
APPLIED ECONOMICS | 2022年 / 54卷 / 48期
关键词：
Productivity; ICT and intangible capital; FDI; capital accumulation; global value chains; FOREIGN DIRECT-INVESTMENT; GLOBAL VALUE CHAINS; INFORMATION TECHNOLOGY; KNOWLEDGE SPILLOVERS; VERTICAL SPILLOVERS; DOMESTIC FIRMS; UNITED-STATES; GROWTH; US; ECONOMIES;
D O I：
10.1080/00036846.2022.2047598
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We examine the drivers of labor productivity at aggregate and sectoral levels focusing on tangible and intangible ICT capital, FDI and global value chain participation. The analysis, based on a panel dataset of 18 EU countries, the US and Japan over the period 2000-2017, reveals an important role of ICT capital, especially intangible ICT capital embodied in software and databases, in driving labor productivity growth. Furthermore, backward global value chain participation is also positively associated with productivity. Contrary to expectations, we do not find evidence of a productivity-enhancing effect of foreign direct investment when controlling for phantom FDI related to special purpose entities.
引用
收藏
页码：5515 / 5531
页数：17
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