Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/102745
Authors: 
Chen, Wen
Niebel, Thomas
Saam, Marianne
Year of Publication: 
2014
Series/Report no.: 
ZEW Discussion Papers 14-070
Abstract: 
Using sectoral intangible investment data we confirm that intangible capital is a significant determinant of labour productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across industries with varying degrees of ICT intensity. Intangible capital appears to be significantly more productive in ICT-intensive sectors than in those that use little ICT. This finding remains robust across various alternative industry ICT intensity measures and aligns with the prior firm-level studies that place emphasis on the complementary role of intangible assets in ICT investment.
Subjects: 
Intangible capital
ICT
economic growth
labour productivity
JEL: 
E22
J24
O47
Document Type: 
Working Paper

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