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Le paradoxe de la productivité en France et aux États-Unis : une réévaluation

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  • Fabrice Gilles
  • Yannick L’Horty

Abstract

In the United States, activity accelerated in the second part of the cycle from 1995 on, against a background of slower inflation. The evolution in France was qualitatively the same after 1997, indicating here too the impact of a positive supply-sideshock. Thediffusionofnewinformationandcommunicationtechnology(NICT)explainsonlypartofthese singularities. Ontheonehand,acalculationofcontributionstogrowthsuggeststhatitexplainsroughlyhalftheincrease inactivityin theUnited States andonefifth in France. Ontheother,atrend-cycledecomposition reveals that thetrend increase in growth in the United States is highly localised in the NICT producer sectors and that there was hardly any trend-break in productivity gains. In France, where sectoral differences are less distinct, the diffusion of NICT was accompanied by a slowdown in trend productivity gains. In both cases, this leaves little room for the effects of the diffusion of technical progress associated with NICT.

Suggested Citation

  • Fabrice Gilles & Yannick L’Horty, 2003. "Le paradoxe de la productivité en France et aux États-Unis : une réévaluation," Economie & Prévision, La Documentation Française, vol. 159(3), pages 1-15.
    • Handle: RePEc:cai:ecoldc:ecop_159_0001
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    References listed on IDEAS

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    6. Gilbert Cette & Jacques Mairesse & Yussuf Kocoglu, 2000. "La mesure de l'investissement en technologies de l'information et de la communication : quelques considérations méthodologiques," Économie et Statistique, Programme National Persée, vol. 339(1), pages 73-91.
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    Cited by:

    1. Franck Essosinam KARABOU & Komlan Ametowoyo ADEVE, 2018. "ICT and Economic Growth in WAEMU: An Analysis of Labor Productivity," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 12-20.

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    More about this item

    Keywords

    new economy; growth; productivity paradox; trend; cycle decomposition;
    All these keywords.

    JEL classification:

    • C49 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Other
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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