01955nam a22003617u 4500 pwiiw5346 OSt 20260518120020.0 200617t2020 au ||||| |||| 00| ||eng d OSt eng F14 F15 F21 E22 O47 jelc Adarov, Amat Capital Dynamics, Global Value Chains, Competitiveness and Barriers to FDI and Capital Accumulation in the EU Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2020. 63 S., 13 Tables and 31 Figures, 30cm. wiiw Research Reports 446 The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct investment using panel data techniques. Among other results, we confirm the high importance of tangible and intangible ICT capital for productivity and GVC integration. We examine the extent of underinvestment in ICT in the EU relative to other major economies and identify bottlenecks for efficient capital allocation. The sluggish economic performance of the EU in the post-crisis period has been further challenged by the COVID-19 outbreak. Consolidating policy efforts to facilitate ICT investment, tackling the barriers to ICT adoption and broad-based digitalisation are critical for the EU in order to maintain a competitive edge and unlock new growth opportunities in the new normal. Productivity digitalisation ICT capital FDI global value chains barriers to ICT investments intangible capital non specific Macroeconomic Analysis and Policy International Trade, Competitiveness and FDI Stehrer, Robert 5 446 WIIW0000048 wiiw Research Reports https://wiiw.ac.at/p-5346.html P 8884 8884 0 0 0 0 BIB BIB 1 2020-06-17 pwiiw5346 0 5.600/446 1000010005346 2020-06-17 00:00:00 2020-06-18 P