Americans do I.T. better: US multinationals and the productivity miracle
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that intensively use information technologies (IT). This has not occurred in Europe. If the US "productivity miracle" is due to a natural advantage of being located in the US the...
Gespeichert in:
| Beteiligte Personen: | , , |
|---|---|
| Format: | Buch |
| Sprache: | Englisch |
| Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2007
|
| Schriftenreihe: | Working paper series / National Bureau of Economic Research
13085 |
| Links: | http://papers.nber.org/papers/w13085.pdf |
| Zusammenfassung: | The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that intensively use information technologies (IT). This has not occurred in Europe. If the US "productivity miracle" is due to a natural advantage of being located in the US then we would not expect to see any evidence of it for US establishments located abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non-US multinationals in the UK, and this is primarily due to the higher productivity of their IT. Furthermore, establishments that are taken over by US multinationals increase the productivity of their IT, whereas observationally identical establishments taken over by non-US multinationals do not. One explanation for these patterns is that US firms are organized in a way that allows them to use new technologies more efficiently. A model of endogenously chosen organizational form and IT is developed to explain these new micro and macro findings. |
| Umfang: | 52, [6] S. 22 cm |
Internformat
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| 100 | 1 | |a Bloom, Nicholas |d 1973- |e Verfasser |0 (DE-588)124546560 |4 aut | |
| 245 | 1 | 0 | |a Americans do I.T. better |b US multinationals and the productivity miracle |c Nick Bloom ; Raffaella Sadun ; John Van Reenen |
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| 490 | 1 | |a Working paper series / National Bureau of Economic Research |v 13085 | |
| 520 | 8 | |a The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that intensively use information technologies (IT). This has not occurred in Europe. If the US "productivity miracle" is due to a natural advantage of being located in the US then we would not expect to see any evidence of it for US establishments located abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non-US multinationals in the UK, and this is primarily due to the higher productivity of their IT. Furthermore, establishments that are taken over by US multinationals increase the productivity of their IT, whereas observationally identical establishments taken over by non-US multinationals do not. One explanation for these patterns is that US firms are organized in a way that allows them to use new technologies more efficiently. A model of endogenously chosen organizational form and IT is developed to explain these new micro and macro findings. | |
| 700 | 1 | |a Sadun, Raffaella |e Verfasser |0 (DE-588)133357430 |4 aut | |
| 700 | 1 | |a Van Reenen, John |d 1965- |e Verfasser |0 (DE-588)124790453 |4 aut | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |
| 810 | 2 | |a National Bureau of Economic Research <Cambridge, Mass.> |t NBER working paper series |v 13085 |w (DE-604)BV002801238 |9 13085 | |
| 856 | 4 | 1 | |u http://papers.nber.org/papers/w13085.pdf |z kostenfrei |3 Volltext |
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-016908327 | |
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| author | Bloom, Nicholas 1973- Sadun, Raffaella Van Reenen, John 1965- |
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| id | DE-604.BV023592997 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-20T13:23:19Z |
| institution | BVB |
| language | English |
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| physical | 52, [6] S. 22 cm |
| publishDate | 2007 |
| publishDateSearch | 2007 |
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| publisher | National Bureau of Economic Research |
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| series2 | Working paper series / National Bureau of Economic Research |
| spelling | Bloom, Nicholas 1973- Verfasser (DE-588)124546560 aut Americans do I.T. better US multinationals and the productivity miracle Nick Bloom ; Raffaella Sadun ; John Van Reenen Cambridge, Mass. National Bureau of Economic Research 2007 52, [6] S. 22 cm txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 13085 The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that intensively use information technologies (IT). This has not occurred in Europe. If the US "productivity miracle" is due to a natural advantage of being located in the US then we would not expect to see any evidence of it for US establishments located abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non-US multinationals in the UK, and this is primarily due to the higher productivity of their IT. Furthermore, establishments that are taken over by US multinationals increase the productivity of their IT, whereas observationally identical establishments taken over by non-US multinationals do not. One explanation for these patterns is that US firms are organized in a way that allows them to use new technologies more efficiently. A model of endogenously chosen organizational form and IT is developed to explain these new micro and macro findings. Sadun, Raffaella Verfasser (DE-588)133357430 aut Van Reenen, John 1965- Verfasser (DE-588)124790453 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.> NBER working paper series 13085 (DE-604)BV002801238 13085 http://papers.nber.org/papers/w13085.pdf kostenfrei Volltext |
| spellingShingle | Bloom, Nicholas 1973- Sadun, Raffaella Van Reenen, John 1965- Americans do I.T. better US multinationals and the productivity miracle |
| title | Americans do I.T. better US multinationals and the productivity miracle |
| title_auth | Americans do I.T. better US multinationals and the productivity miracle |
| title_exact_search | Americans do I.T. better US multinationals and the productivity miracle |
| title_full | Americans do I.T. better US multinationals and the productivity miracle Nick Bloom ; Raffaella Sadun ; John Van Reenen |
| title_fullStr | Americans do I.T. better US multinationals and the productivity miracle Nick Bloom ; Raffaella Sadun ; John Van Reenen |
| title_full_unstemmed | Americans do I.T. better US multinationals and the productivity miracle Nick Bloom ; Raffaella Sadun ; John Van Reenen |
| title_short | Americans do I.T. better |
| title_sort | americans do i t better us multinationals and the productivity miracle |
| title_sub | US multinationals and the productivity miracle |
| url | http://papers.nber.org/papers/w13085.pdf |
| volume_link | (DE-604)BV002801238 |
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