000 01955nam a22003617u 4500
001 pwiiw5346
003 OSt
005 20260516120020.0
008 200617t2020 au ||||| |||| 00| ||eng d
040 _cOSt
041 _aeng
084 _aF14
_aF15
_aF21
_aE22
_aO47
_2jelc
100 1 _aAdarov, Amat
245 1 0 _aCapital Dynamics, Global Value Chains, Competitiveness and Barriers to FDI and Capital Accumulation in the EU
260 _aWien :
_bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw),
_c2020.
300 _a63 S.,
_b13 Tables and 31 Figures,
_c30cm.
490 1 _awiiw Research Reports
_v446
520 _aThe 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.
650 _aProductivity
650 _adigitalisation
650 _aICT capital
650 _aFDI
650 _aglobal value chains
650 _abarriers to ICT investments
650 _aintangible capital
651 _anon specific
690 _aMacroeconomic Analysis and Policy
690 _aInternational Trade, Competitiveness and FDI
700 1 _aStehrer, Robert
_95
830 0 _v446
_wWIIW0000048
_twiiw Research Reports
856 4 0 _uhttps://wiiw.ac.at/p-5346.html
942 _cP
999 _c8884
_d8884