German Productivity - A Reassessment via the New Ifo Productivity Database

Andreas Kuhlmann

No 35, ifo Working Paper Series from ifo Institute - Leibniz Institute for Economic Research at the University of Munich

Abstract: A detailed analysis of the German productivity development is indispensable for understanding, why Europe is lagging behind the US growth since the mid 1990s. In this paper a new and unique database is used to analyze the sources of German productivity growth since 1970. It is shown that investment in information and communication technology (ICT) played a minor role in the German productivity development. The results include detailed descriptive statistics and projections for output and labor productivity growth for the coming decade. The base-case projection puts overall trend output growth at 1.53 percent per year over the next decade. Average labor productivity will grow at an annual rate of 1.59 percent.

JEL-codes: F43 O47 R11 (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ifowps:_35

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