Journal

Authors: Arvanitis S., Loukis E.
Title: Information and Communication Technologies, Human Capital, Workplace Organization and Labour Productivity in Greece and Switzerland: A Comparative Study Based on Firm-level Data
Journal: Information Economics and Policy (Social Sciences Citation Index, ACM Digital Library)
Volume: 21
Number:
Pages: 43-61
Year: 2009
Publisher:
To appear: No
Link:
ISI: Yes
Impact Factor:
File name: Γ23_ICT_HumCap_WorkplaceOrg_LabourProd_2009.pdf##^^&&556669694.pdf
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.