Americans do I.T. better US multinationals and the productivity miracle / Nick Bloom, Raffaella Sadun and John Van Reenen.

Author/creator Bloom, Nick, 1973-
Other author Sadun, Raffaella.
Other author Van Reenen, John.
Other author London School of Economics and Political Science. Centre for Economic Performance.
Format Electronic
Publication InfoLondon : Centre for Economic Performance, London School of Economics and Political Science,
Supplemental ContentFull text available from NBER Working Papers

SeriesCEP discussion paper ; no. 788
Summary 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.
General noteTitle from publisher's abstract page (viewed on July 6, 2007).
General note"April 2007."
Bibliography noteIncludes bibliographical references.
Access restrictionAvailable only to authorized users.
Other formsAlso available in print.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2007618489

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