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  • © 2022

Intangible Capital and Growth

Essays on Labor Productivity, Monetary Economics, and Political Economy, Vol. 1

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  • This book is is open access which means you have free and unlimited access

  • Studies the impact of intangible capital on labour productivity growth

  • Uses an up-to-date macro econometric estimation approach on uniquely large intangible capital databases

  • Provides an overview of the author's research to date on intangible capital and growth

Part of the book series: Contributions to Economics (CE)

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Softcover Book
USD 49.99
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Hardcover Book
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About this book

For several decades now, advanced economies across the globe have been undergoing a process of rapid transformation towards becoming knowledge economies. It is now widely recognized that intangible capital has been a crucial element in the growth performance of these economies and their firms. In the author's view, “intangible capital” serves as the most appropriate umbrella term for capturing several dimensions of capital that are not tangible in nature but are nevertheless fundamentally important for growth. The term encompasses investments in education (human capital) and in informal (social capital) and formal (rule of law) institutions by the public sector and households, as well as investments by businesses aimed at enhancing their knowledge base, such as software, innovative property, and economic competencies. 

Intangible Capital and Growth is the first of two open access volumes presenting a selection of the author’s essays on Labor Productivity, Monetary Economics, and the Political Economy, which represent the first part of his habilitation in economics. This first volume brings together eight of the author's essays, selected to provide an overview of the evolution of his research on intangible capital and growth. 

Keywords

  • Open access
  • Intangible Capital
  • Labour Productivity Growth
  • Euro
  • EMU
  • Political Economy
  • Economic Crisis

Authors and Affiliations

  • Department of Economics, Faculty of Business, Economics and Social Sciences, University of Hamburg, Hamburg, Germany

    Felix Roth

About the authors

PD Dr. Felix Roth is a Senior Research Fellow and Senior Lecturer with the Chair for International Economics in the Department of Economics at the University of Hamburg. In June 2020, he successfully completed his German Habilitation in economics on the topic of Intangible Capital and Labour Productivity Growth and Determinants of Public Support for the Euro. Prior to his appointment at the University of Hamburg, he worked six years as a Research Fellow in the macroeconomic policy unit and as editor of the journal Intereconomics at the Centre for European Policy Studies (CEPS) in Brussels. In addition to his ongoing research association with the department of economics at the University of Göttingen, he worked as a Research Fellow, Scientific Expert, and Economic Policy Advisor for the European Commission in Brussels for over three years.

Bibliographic Information

Buying options

Softcover Book
USD 49.99
Price excludes VAT (USA)
Hardcover Book
USD 59.99
Price excludes VAT (USA)