- Additional Authors
- Description
- 39 p.; 21 x 29.7cm.
- Summary
- In this paper we present an international comparison of growth trends in the OECD countries, with a special attention to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP) - allowing for changes in the composition of fixed capital. An attempt is also made to identify both the embodied (in particular in ICT equipment) and disembodied components of technical progress. The possible relation between improvements in MFP and the accumulation of knowledge (as proxied by R&D expenditures) is discussed, and some tentative policy considerations are advanced, mainly with reference to general framework conditions that might have a bearing in fostering technological changes.The main conclusions are that some "traditional" factors lay behind the disparities in growth patterns across the OECD countries. In particular, they refer to the ability of countries to employ their labour force. There also seem to be some new factors behind ...
- Series Statement
- OECD Economics Department Working Papers, 1815-1973 ; no.259
- Uniform Title
- OECD Economics Department Working Papers, no.259.
- Subject
- Economics
- LCCN
- 10.1787/536435460443
- OCLC
- oecd-lib-002967
- Author
Bassanini, Andrea.
- Title
Knowledge, Technology and Economic Growth [electronic resource]: Recent Evidence from OECD Countries / Andrea Bassanini, Stefano Scarpetta and Ignazio Visco
- Imprint
Paris : OECD Publishing, 2000.
- Series
OECD Economics Department Working Papers, 1815-1973 ; no.259
OECD Economics Department Working Papers, 1815-1973 ; no.259.
- Connect to:
- Indexed Term
Economics
- Added Author
Scarpetta, Stefano.
Visco, Ignazio.
- Other Standard Identifier
10.1787/536435460443 doi