Americans Do IT Better: US Multinationals and the Productivity Miracle

US productivity growth accelerated after 1995 (unlike Europe's), particularly in sectors that intensively use information technologies (IT). Using two new micro panel datasets we show that US multinationals operating in Europe also experienced a "productivity miracle." US multinationa...

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Bibliographic Details
Published in:	The American economic review 2012-02, Vol.102 (1), p.167-201
Main Authors:	Bloom, Nicholas, Sadun, Raffaella, Van Reenen, John
Format:	Article
Language:	English
Subjects:	Capital per worker Capital stock Coefficients Comparative analysis Datasets Economic growth Economic theory Enterprises EU-Staaten Europe Experimental/theoretical GDP Gross Domestic Product Hypotheses IKT-Sektor Industrial productivity Information technology International business Labor productivity Multinational corporations Multinational enterprises Multinationales Unternehmen Panel data Production capital Production estimates Production functions Productivity Productivity growth Productivity measurement Produktivität Studies U.S.A USA Western Europe Ökonometrisches Modell
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