Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/223083
Authors: 
Adarov, Amat
Stehrer, Robert
Year of Publication: 
2020
Series/Report no.: 
wiiw Working Paper No. 178
Abstract: 
The paper studies the drivers of productivity at country and sectoral levels over the period 2000-2017 with the focus on the impact of capital accumulation and structure. The analysis confirms an especially important role of ICT and intangible digital capital for productivity growth, particularly in the manufacturing sectors. While backward global value chain participation and EU integration are also found to be instrumental for accelerating productivity growth, the impact of inward foreign direct investment is not robustly detected when the data is purged from the effects of special purpose entities and outlier countries.
Subjects: 
productivity
digitalisation
ICT
intangible capital
FDI
capital accumulation
global value chains
JEL: 
F14
F15
F21
E22
O47
Document Type: 
Working Paper

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