Authors: | Arvanitis S., Loukis E. |
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Title: | Information and Communication Technologies, Human Capital, Workplace Organization and Labour Productivity in Greece and Switzerland: A Comparative Study Based on Firm-level Data |
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Journal: | Information Economics and Policy (Social Sciences Citation Index, ACM Digital Library) |
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Volume: | 21 |
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Number: | |
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Pages: | 43-61 |
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Year: | 2009 |
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Publisher: | |
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To appear: | No |
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Link: | |
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ISI: | Yes |
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Impact Factor: | |
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File name: | Γ23_ICT_HumCap_WorkplaceOrg_LabourProd_2009.pdf##^^&&556669694.pdf |
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Abstract: | This paper describes a comparative empirical study of the effect of information and communication
technology (ICT) capital, human capital and new organizational practices on
labour productivity in Greek and Swiss firms. We use firm-level data collected in 2005
through a common questionnaire administered to samples of similar composition (e.g.
similar firm sizes, similar sectors), from which we construct econometric models with similar
specifications for Greece and Switzerland. The analytical framework is based on a firmlevel
production function. We find statistically significant positive effects for physical capital,
ICT capital, human capital and ‘‘employee voice”-oriented organizational practices for
both samples. We also identify considerable differences: Swiss firms are more mature and
more efficient than Greek firms at creating, using and combining these ‘new’ production
factors. |