Fellowship Initiative 2020-2021 “Capital Accumulation, Total Factor Productivity, and Employment Growth: Medium-Term Relations in a Cross-Section Analysis”

This paper analyses the impact of information and communications technologies (ICT) capital accumulation and total factor productivity (TFP) growth on employment growth pre- and post-crisis years.

DG ECFIN's Fellowship Initiative 2020-2021 “Shifting paradigms: The quest for new modes of sustainable growth and convergence” sought contributions exploring underlying and emerging trends in the quest for new growth models that respect the limitations of natural resources while ensuring job creation and lasting prosperity in Europe. Achieving a successful transition to become the world’s first climate-neutral, resource efficient continent, fit for the digital age, while ensuring social fairness requires identifying evolving trends and challenges to success stemming from ageing and inherent to both environmentally sustainable development and the transition to a digital society. The fellowships were awarded to prominent scholars in the field to interact with staff in ECFIN and other Commission colleagues, and to prepare final reports on specific research questions brought by these shifting paradigms.

Information and identifiers

Discussion Paper 161. May 2022. Brussels. PDF. 36pp. Tab. Graph. Bibliogr. Free.

KC-BD-21-018-EN-N (online)
ISBN 978-92-76-44628-6 (online)
ISSN 2443-8022 (online)
doi:10.2765/099376 (online)

JEL classification: D24, D33, J23, O12, O33

Disclaimer

2021 Fellowship Initiative Papers are written by external experts commissioned to write research papers, retaining complete academic independence, contributing to the discussion on economic policy and stimulating debate.

The views expressed in this document are solely those of the author(s) and do not necessarily represent the official views of the European Commission.