Mas, Matilde and Quesada, Javier (2006): The Role of ICT on the Spanish Productivity Slowdown. Published in: Fundación BBVA - Documentos de Trabajo No. 13 (2006)
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The paper presents a quantification of Spanish productivity performance over the last two decades –with a special mention to the role played by Information and Communication Technologies (ICT). It makes use of the capital service data -recently released by the BBVA Foundation- exploiting its sectoral break down. It concentrates in twenty six industries belonging to the business (non-primary) sectors of the economy. These industries are further grouped in two clusters according to their intensity in the use of ICT capital. Our results show that the ICT cluster as a whole has presented the most dynamic behaviour. However, some important differences can be detected, both among the industries included in the cluster and also over the period under consideration. A growth accounting exercise allows us to conclude that the Spanish economy shows notable inefficiencies, as identified by negative Total Factor Productivity (TFP) contributions to productivity growth during the period 1985-2004. However, the ICT intensive cluster has reversed its behaviour since 2000, driving a modest resurgence of labour productivity in Spain over the 2000-2004 period.
|Item Type:||MPRA Paper|
|Original Title:||The Role of ICT on the Spanish Productivity Slowdown|
|Keywords:||Growth Accounting, Productivity, Information and Communication Technologies|
|Subjects:||O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development
O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
O - Economic Development, Technological Change, and Growth > O5 - Economywide Country Studies > O52 - Europe
|Depositing User:||Matilde Mas|
|Date Deposited:||22. Jun 2009 00:56|
|Last Modified:||13. Feb 2013 15:54|
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