This study examines growth patterns and sources of labour productivity growth and catch-up in the electricity sector. The study uses decomposition analysis to examine 13 industrialized economies from 2000 to 2015, a period of high growth in the sector. The study finds that total factor productivity and digital assets are the most powerful drivers of labour productivity growth and catch-up, while non-ICT assets have only a minor effect. Furthermore, labour quality outpaces R&D as a determinant of productivity. This study has implications for labour and industrial policy in the context of technological transformation and institutional restructuring in the electricity sector. Copyright © 2021 Elsevier Ltd. All rights reserved.
|Early online date||Dec 2021|
|Publication status||Published - Feb 2022|
CitationVu, K., & Hartley, K. (2022). Effects of digital transformation on electricity sector growth and productivity: A study of thirteen industrialized economies. Utilities Policy, 74. Retrieved from https://doi.org/10.1016/j.jup.2021.101326
- Productivity performance
- Growth decomposition
- Digital transformation