Effects of digital transformation on electricity sector growth and productivity: A study of thirteen industrialized economies

Khuong VU, Kris HARTLEY

Research output: Contribution to journalArticlespeer-review

2 Citations (Scopus)

Abstract

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.
Original languageEnglish
Article number101326
JournalUtilities Policy
Volume74
Early online dateDec 2021
DOIs
Publication statusPublished - Feb 2022

Citation

Vu, 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

Keywords

  • Electricity
  • Productivity performance
  • Growth decomposition
  • Catch-up
  • Digital transformation
  • R&D

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