ICT and Productivity in Europe and the United States: Where Do the Differences Come From?

Bart van Ark (), Robert Inklaar and Robert McGuckin
Additional contact information
Robert McGuckin: The Conference Board

No 03-05, Economics Program Working Papers from The Conference Board, Economics Program

Abstract: In this paper we analyse labour productivity growth in 51 industries in European countries and the United States. Using shift-share techniques we identify the industries in which the U.S. is leading most strongly. With a detailed decomposition analysis we identify whether the sources of the U.S. advantage are due to faster productivity growth, higher industry productivity levels relative to the country aggregate, different employment shares or faster change in employment shares of rapidly growing industries. The results show that U.S. productivity has grown faster than in the EU because of a larger employment share in the ICT producing sector and faster productivity growth in services industries that make intensive use of ICT. Wholesale and retail trade and the financial securities industry account for most of the difference in aggregate productivity growth between the EU and the U.S.

Keywords: ICT; productivity; services (search for similar items in EconPapers)
JEL-codes: N10 O47 O57 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2003-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (89)

Published in CESifo Economic Studies, Vol. 49, 3/2003, pp. 295-318.

Downloads: (external link)
http://www.conference-board.org/economics/workingpapers.cfm?pdf=E-0013-03-WP Revised version, 2003 (application/pdf)

Related works:
Journal Article: ICT and Productivity in Europe and the United States Where Do the Differences Come From? (2003)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cnf:wpaper:0305

Access Statistics for this paper

More papers in Economics Program Working Papers from The Conference Board, Economics Program Contact information at EDIRC.
Bibliographic data for series maintained by A Ozyildirim ().