Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/44905 
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dc.contributor.authorvan Ark, Barten
dc.contributor.authorHao, Janet X.en
dc.contributor.authorCorrado, Carolen
dc.contributor.authorHulten, Charlesen
dc.date.accessioned2011-04-13T09:59:07Z-
dc.date.available2011-04-13T09:59:07Z-
dc.date.issued2009-
dc.identifier.citation|aEIB Papers|c0257-7755|v14|h1|nEuropean Investment Bank (EIB)|lLuxembourg|y2009|p62-93en
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
dc.language.isoengen
dc.publisher|aEuropean Investment Bank (EIB) |cLuxembourgen
dc.subject.ddc330en
dc.subject.stwImmaterielles Anlagevermögenen
dc.subject.stwMessungen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwArbeitsproduktivitäten
dc.subject.stwProduktivitäten
dc.subject.stwVergleichen
dc.subject.stwEU-Staatenen
dc.subject.stwUSAen
dc.titleMeasuring intangible capital and its contribution to economic growth in Europe-
dc.typeArticleen
dc.identifier.ppn862706025en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
econstor.citation.journaltitleEIB Papersen
econstor.citation.issn0257-7755en
econstor.citation.volume14en
econstor.citation.issue1en
econstor.citation.publisherEuropean Investment Bank (EIB)en
econstor.citation.publisherplaceLuxembourgen
econstor.citation.year2009en
econstor.citation.startpage62en
econstor.citation.endpage93en

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