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dc.contributor.authorvan Ark, Barten_US
dc.contributor.authorHao, Janet X.en_US
dc.contributor.authorCorrado, Carolen_US
dc.contributor.authorHulten, Charlesen_US
dc.date.accessioned2011-04-13T09:59:07Z-
dc.date.available2011-04-13T09:59:07Z-
dc.date.issued2009en_US
dc.identifier.citationEIB Papers 0257-7755 14 2009 1 62-93en_US
dc.identifier.urihttp://hdl.handle.net/10419/44905-
dc.description.abstractThis study describes the state of the art in the measurement of intangible capital and its contribution to economic growth, with a focus on an international comparison of intangible investment intensity and intangible capital deepening among eleven advanced economies. By employing a broad measure of intangibles, including computerized information, innovative property and economic competencies, we find a relatively large impact on growth. Intangible capital explains about a quarter of labour-productivity growth in the US and larger countries of the EU. The continental West-European countries show a distinction between countries with significant contributions from intangible capital deepening and a group of laggards. Catching-up countries such as the Czech Republic, Greece and Slovakia show much larger contributions from tangible capital deepening than from intangibles, and also larger multi-factor productivity (MFP) growth rates related to the restructuring of those economies.en_US
dc.language.isoengen_US
dc.subject.ddc330en_US
dc.subject.stwImmaterielles Anlagevermögenen_US
dc.subject.stwMessungen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwArbeitsproduktivitäten_US
dc.subject.stwProduktivitäten_US
dc.subject.stwVergleichen_US
dc.subject.stwEU-Staatenen_US
dc.subject.stwUSAen_US
dc.titleMeasuring intangible capital and its contribution to economic growth in Europeen_US
dc.typeArticleen_US
dc.identifier.ppn618780114en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:EIB Papers, European Investment Bank (EIB)

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