We describe a model for mobility resources in Switzerland. The joint availability of car and public transport season ticket is explained by different factors, such as age, income and region. The model is estimated using the data of the Mobility and Transport Microcensus 2015.
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Multiply with different modes (map)
1. Performance of sequential execution based vs OpenMP based vector multiply.
2. Comparing various launch configs for CUDA based vector multiply.
Sum with different storage types (reduce)
1. Performance of vector element sum using float vs bfloat16 as the storage type.
Sum with different modes (reduce)
1. Performance of sequential execution based vs OpenMP based vector element sum.
2. Performance of memcpy vs in-place based CUDA based vector element sum.
3. Comparing various launch configs for CUDA based vector element sum (memcpy).
4. Comparing various launch configs for CUDA based vector element sum (in-place).
Sum with in-place strategies of CUDA mode (reduce)
1. Comparing various launch configs for CUDA based vector element sum (in-place).
1. BALTIC KLEMS
Project developer: Toma Lankauskiene, Ivie
Supervisor: Matilde Mas, University of Valencia and Ivie
This research has received funding from the European Union’s Horizon 2020
research programme under the Marie-Curie Grant Agreement No 751198
6. Marie Skłodowska-Curie Actions in
Horizon 2020
MSCA:
European Union's main
programme for researcher
training and career development
through mobility
Objective:
Ensure development and dynamic
use of Europe’s intellectual capital
in order to generate new skills,
knowledge and innovation
6
7. More information
Marie Skłodowska-Curie website
http://ec.europa.eu/msca
What's new? MSCA work programme 2018
http://ec.europa.eu/research/mariecurieactions/library_en
Horizon2020
http://ec.europa.eu/programmes/horizon2020
Participant Portal (calls, online application, documents, FAQ, NCPs)
http://ec.europa.eu/research/participants/portal
Euraxess (jobs, rights, services, etc.)
http://ec.europa.eu/euraxess/
European Charter for Researchers
http://ec.europa.eu/euraxess/index.cfm/rights/whatIsAResearcher
How to find partners
https://cordis.europa.eu/partners/web/guest
MSCA on Facebook
https://www.facebook.com/Marie.Curie.Actions
MSCA on Twitter
@MSCactions 7
9. The aim
To apply the growth accounting methodology to the Baltic
countries in order to obtain detailed productivity growth
determinants and conduct comparative economic analysis in
the context of more developed economies.
For doing so, a new database following the KLEMS
methodology with a particular focus on intangible capital is
constructed.
9
11. Determinants of labour productivity
growth
key variable:
• for economic growth and development
theories dating back to R. Solow (Solow
1957)
• contemporary approaches to sustainable
development 11
12. Databases:
EU KLEMS (for tangible and intangible
capital assets)
INTAN Invest (new intangible capital)
12
13. Countries Data
availability
in EU
KLEMS
database
Data
availability
in INTAN
Invest
database
Research contribution
More
developed
countries
YES YES to the traditional EU KLEMS methodology (INTAN invest
intangibles have been included)
Baltic
countries
Only for
some
indicators,
major gaps
NO new statistical EU KLEMS and INTAN Invest data created
to the traditional EU KLEMS methodology (INTAN invest
intangibles have been included)
Table 1. Details on research novelty and author’s contribution
13
14. The preparation of growth and productivity
accounts, termed ‘Satellite accounts’, was
advised in the European Parliament and
Council Regulation (No. 549/2013, p. 525).
However, not all National Statistics
Departments have done so.
14
15. More developed countries, e. g.:
Austria, Denmark, Germany,
France, Sweden, Spain, etc.
Less developed economies
The Baltic countries:
Estonia, Latvia, Lithuania
15
16. The methodology and practical implementation
● Growth accounting method (Solow 1957)
● EU KLEMS methodology (Timmer et al. 2007, Jäger 2018)
● growth accounting method and EU KLEMS methodology is
expanded by incorporation of the new intangibles (Corrado
et al. 2006, Corrado et al. 2005; Corrado et al. 2009).
16
17. Table 2. Research implementation details
* The research period refers to the latest period available in the statistical databases
Country coverage: Estonia, Latvia, Lithuania, Denmark, Germany, Spain, Sweden
*Research period: 1995–2015
Method: Growth accounting
Methodology: EU KLEMS supplemented by new intangibles
Data: Capital, Labour, Capital and labour compensation, Value added
Capital data: different types of capital assets (in more detail in Table 4)
Labour data: labour composition according to the educational attainment
Databases: for capital data - EU KLEMS and INTAN Invest (for more developed economies); EU
KLEMS, INTAN Invest, National statistics departments, WIOD, Eurostat (for the Baltic states), for labour
data - EU KLEMS and WIOD
17
18. Table 3. Industrial aggregation
Industrial aggregation
Total (Market economy)
A - Agriculture, forestry and fishing
B - Mining and quarrying
C - Manufacturing
D–E - Electricity, gas and water supply
F - Construction
G - Wholesale and retail trade, Repair of motor vehicles
H - Transportation and storage
I - Accommodation and food service activities
J - Information and communication
K - Financial and insurance activities
M–N - Professional, scientific, technical, administrative and support service activities
R–S - Arts, entertainment, recreation, and other service activities
18
19. Table 4. Capital data
EU KLEMS data 1. IT - Computing equipment
2. CT - Communications equipment
3. SoftwDB - Computer software and databases
4. TR - Transport equipment
5. OtherMash - Other machinery and equipment
6. NonResid - Non-residential equipment
7. Resid - Residential structures
8. Cult - Cultivated assets
9. RD - Research and development
INTAN Invest data – here referred as New Intangibles 10. Minart – Entertainment Artistic and Literary Originals + Mineral
Explorations
11. Design - Design
12. Brand - Brand
13. OrgCap - Organizational capital
14. Train - Training
15. Nfp - New product development in the financial sector
Tangible capital = 1 + 2 + 4 + 5 + 6 + 7 + 8; Intangible capital = 3 + 9 + 10 + 11 + 12 + 13 + 14 + 15
IT&CT = IT + CT; Machinery based capital = OtherMash + NonResid, Buildings = NonResid + Resid
Innovative property = RD + Minart + Design + Brand; Economic competencies = OrgCap + Train + Nfp
19
20. Table 5. Contribution to EU KLEMS database
Countries Available indicators in EU KLEMS
database, 2017 release
Non-available indicators
in EU KLEMS database,
2017 release
Estonia SoftwDB, TR, OtherMash, NResid, Resid,
RD, Minart, Cult
IT, CT
Latvia IT, CT, SoftwDB, TR, OtherMash, NResid,
Resid, Cult
Minart, RD
Lithuania IT, CT, TR, OtherMash, NResid, Resid, Cult SoftwDB, RD, Minart
20
21. Table 6. Contribution to INTAN Invest database
Countries Data availability for new
intangibles in INTAN Invest
database
Estonia No
Latvia No
Lithuania No
Other more developed
economies
Yes
21
22. Economies overview
0
5.000
10.000
15.000
20.000
25.000
30.000
35.000
40.000
45.000
50.000
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Denmark Germany Estonia Spain Latvia Lithuania Sweden
Figure 1. GDP per capita at market prices, chain-linked volumes (2010) 19952018. Source: own elaboration, upon
the Eurostat data
22
23. Table 7. Gross domestic product, euro per capita. Source: own elaboration, upon
the Eurostat data
Country
1995, current
prices
2018, current
prices
Real annual average
growth rates
Estonia 2.000 19.500 4.0%
Latvia 1.700 15.300 3.9%
Lithuania 1.400 16.100 4.1%
Denmark 27.000 51.400 1.5%
Germany 24.400 40.800 1.4%
Spain 11.800 25.900 2.2%
Sweden 22.900 45.900 2.4% 23
24. RESULTS:
• Baltic countries in the context of more developed
1995-2015
• Baltic countries before and after their entry into
the EU (1995-2004; 2004-2015)
24
25. Table 8. Industrial contributions to aggregate LP growth, percentage points,
19952015
Estonia Latvia Lithuania Denmark Germany Spain Sweden
TOTAL INDUSTRIES 4.6 4.0 4.4 1.4 1.3 0.7 2.7
AGRICULTURE, FORESTRY AND
FISHING 0.5 0.3 0.2 0.1 0.0 0.2 0.1
MINING AND QUARRYING 0.2 0.0 0.0 -0.2 0.0 0.0 0.0
MANUFACTURING 1.4 1.1 1.7 0.6 0.8 0.4 1.3
ELECTRICITY, GAS AND WATER SUPPLY 0.2 0.0 0.2 0.0 0.1 0.0 0.0
CONSTRUCTION 0.2 0.4 0.3 0.0 0.0 0.0 0.0
WHOLESALE AND RETAIL TRADE;
REPAIR OF MOTOR VEHICLES AND
MOTORCYCLES 0.8 1.5 1.1 0.3 0.3 0.2 0.5
TRANSPORTATION AND STORAGE 0.5 0.6 0.4 0.1 0.1 0.0 0.1
ACCOMMODATION AND FOOD SERVICE
ACTIVITIES 0.1 0.1 0.0 0.0 0.0 -0.2 0.0
INFORMATION AND COMMUNICATION 0.1 0.0 0.1 0.4 0.2 0.1 0.5
FINANCIAL AND INSURANCE ACTIVITIES 0.3 0.5 0.1 0.2 0.0 0.2 0.2
PROFESSIONAL, SCIENTIFIC,
TECHNICAL, ADMINISTRATIVE AND
SUPPORT SERVICE ACTIVITIES 0.3 0.0 0.0 -0.1 -0.2 -0.1 0.2
ARTS, ENTERTAINMENT, RECREATION
AND OTHER SERVICE ACTIVITIES 0.0 -0.4 0.2 0.0 0.0 0.0 0.0
*highest rates are marked in red
25
26. Table 9. Contributors to annual average aggregated Labour productivity growth
(Productivity Total); percentage points 1995–2015
Estonia Latvia Lithuania Denmark Germany Spain Sweden
AB = A + B AB Productivity total
5.0 4.9 4.8 1.4 1.4 0.6 2.7
A = f + g + h A Productivity
sectorial 4.6 4.0 4.4 1.4 1.3 0.7 2.7
B Reallocation
effect 0.3 1.0 0.4 0.0 0.1 -0.1 -0.1
f Contribution
labour
composition
0.2 -0.1 -0.1 -0.1 0.2 -0.1 0.1
g Contribution
capital 2.7 1.3 2.4 0.7 0.7 1.0 1.2
h MFP
1.7 2.9 2.1 0.8 0.4 -0.3 1.4
26
27. Figure 2. Shares of tangible and intangible capital,
percentage points, 19952015
0
0,5
1
1,5
2
2,5
3
Estonia Latvia Lithuania Germany Denmark Spain Sweden
Tangible Intangible 27
28. Figure 3. Capital contributions to aggregated annual average
labour productivity growth (sum cap = 100) 19952015
-20
0
20
40
60
80
100
120
Estonia Latvia Lithuania Denmark Germany Spain Sweden
IT&CT Mashinery based Buildings SoftwDB Innovative property Economic Competencies Cultivated assets
28
29. Conclusions: Baltic countries in the context of others
● The real growth rates of GDP, agregated labour productivity, MFP, capital and
reallocation effect were the highest for the Baltic countries;
● The highest contribution of labour composition were for Estonia and Germany, but
the least negative values belong to Latvia, Lithuania, Denmark and Spain.
29
30. Insights from the results of the industrial contributions to aggregated
labour productivity growth perspective
● For more developed economies, highest industry contributors to aggregate
labour productivity growth: Manufacturing; Wholesale and retail trade, repair
of motorvehicles; Information and communication or Financial and insurance
activities.
● For the Baltic countries the first two positions remain the same, i. e. :
Manufacturing; Wholesale trade, repair of motorvehicles; but the third position
goes to Transportation and storage industry.
30
31. Insights from the results of capital growth determinants perspective
● For the Baltic states and Spain – which is the least developed of the four
developed countries considered – the share of tangible capital is greater when
compared with the more developed economies. Moreover, machinery-based
(transport and other machinery) capital predominates in the Baltic countries. From
this perspective, the Baltic economies are similar to Spain, in which NResid,
Resid and OtherMachinery capital dominates.
● The Baltic economies are only at the stage of development when machinery-
based capital predominates for necessary infrastructure creation, whereas later in
the growth of their economic structure, both the industrial and main productivity
growth determinants will change accordingly. Much greater significance should be
acknowledged for intangible capital, particularly RD capital.
31
32. ● The significance of intangible capital during the process of economic growth could
be distinguished, investments to intangible capital should play a significant role.
● In terms of economic competencies (brand, organisational capital and training),
the Baltic countries maintain strong positions, Latvia being foremost.
● From IT and CT capital the highest share by far is made by Germany, while the
SofwtDB and innovative property leader is Denmark.
32
34. Figure 4. Aggregated labour productivity growth rates in
Lithuania, Latvia, Estonia during 19952015, percentage points
-0,20
-0,15
-0,10
-0,05
0,00
0,05
0,10
0,15
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Lithuania Latvia Estonia 34
35. Figure 5. MFP contributions to aggregated labour productivity
growth rates in Lithuania, Latvia, Estonia during 19952015,
percentage points
-0,20
-0,15
-0,10
-0,05
0,00
0,05
0,10
0,15
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Lithuania Latvia Estonia 35
36. Table 10. Contributors to annual average aggregated Labour productivity
growth (Productivity Total); percentage points
Estonia
1995-
2015
Latvia
1995-
2015
Lithuani
a
1995-
2015
Estonia
1995-
2004
Latvia
1995-
2004
Lithuani
a
1995-
2004
Estonia
2004-
2015
Latvia
2004-
2015
Lithuani
a
2004-
2015
AB = A + B AB Productivity
total
4.96 4.95 4.81 7.72 7.63 5.76 2.70 2.75 4.04
A = f + g + h A Productivity
sectorial
4.64 3.99 4.41 7.54 6.73 5.55 2.27 1.75 3.47
B Reallocation
effect
0.32 0.96 0.41 0.19 0.90 0.21 0.43 1.00 0.57
f Contribution
labour
composition
0.19 -0.14 -0.13 0.58 0.16 -0.06 -0.13 -0.39 -0.18
g Contribution
capital
2.74 1.28 2.44 3.90 1.35 2.86 1.80 1.23 2.09
h MFP
1.70 2.85 2.10 3.06 5.22 2.76 0.60 0.91 1.56
36
37. Figure 6. Shares of tangible and intangible capital in aggregated
annual average labour productivity growth, percentage points
0
20
40
60
80
100
120
Estonia 1995-2004 Latvia 1995-2004 Lithuania 1995-2004 Estonia 2004-2015 Latvia 2004-2015 Lithuania 2004-2015
Tangible Intangible
37
38. Figure 7. Shares of tangible and intangible capital of labour
productivity growth in Manufacturing industry, percentage points
0
20
40
60
80
100
120
Estonia 1995-2004 Latvia 1995-2004 Lithuania 1995-2004 Estonia 2004-2015 Latvia 2004-2015 Lithuania 2004-2015
Tangible Intangible
38
39. Figure 8. Shares of tangible and intangible capital of labour
productivity growth in Whosale and retail trade, repair of motor
vehicles industry, percentage points
0
20
40
60
80
100
120
Estonia 1995-2004 Latvia 1995-2004 Lithuania 1995-2004 Estonia 2004-2015 Latvia 2004-2015 Lithuania 2004-2015
Tangible Intangible
39
40. Figure 9. Shares of tangible and intangible capital of labour
productivity growth in Transportation and storage industry,
percentage points
75
80
85
90
95
100
105
Estonia 1995-2004 Latvia 1995-2004 Lithuania 1995-2004 Estonia 2004-2015 Latvia 2004-2015 Lithuania 2004-2015
Tangible Intangible
40
41. ● Labor productivity growth and its main contributors, namely labour composition,
capital, MFP decreased in all the Baltic countries after the entry EU.
● Insights from the aggregated level
The share of intangible capital was greatest in Latvia during the period researched.
Moreover, before entering the EU it was especially high relative to the other Baltic
states, but decreased thereafter. In contrast, the shares of intangible capital
increased for Estonia and Lithuania after entering the EU.
Conclusions: before and after before and after their entry
into the EU
41
42. ● Manufacturing
Before entering the EU the biggest share of intangible capital was in Latvia.
Thereafter, this share decreased significantly, while increasing in Lithuania.
● Whole sale and retails trade, repair of motor vehicles
The share of intangible capital in Latvia was higher than in Estonia and Lithuania
before entering the EU, but subsequently decreased, while increasing in the other
countries. All three Baltic countries maintained similar shares of intangible capital
after entering the EU.
42
43. ● Transportation and storage
The share of intangible capital was significantly higher in Latvia than in Estonia and
Lithuania. After entering the EU the share of intangible capital increased in all three
countries, but especially in Latvia. During referred period in Latvia the share of
intangible capital was even higher than of tangible capital, as usually occurs in more
developed economies.
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44. ● The highest industrial annual average real value-added growth rates are being
seen in the information and communication industry, financial and insurance
activities and professional, scientific, technical, administrative and support
service activities. Given that all of these industries are intangible and IT&CT
capital-intensive, the main productivity determinants will change accordingly in
the future. Indeed, the intangible capital group and its components will come to
predominate, as has already occurred in more developed economies.
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45. ● Expanding labour input: additional expansion of hours worked and wages of
workers by occupation
● Expanding capital input: understanding intangibles better - traditional by
additional ones
● Productivity measurement in digitalised economy
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46. Thank you for attention!!!
Toma Lankauskiene, e-mail:
toma.lankauskiene@gmail.com
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47. BALTIC KLEMS
Project developer: Toma Lankauskiene, Ivie
Supervisor: Matilde Mas, University of Valencia and Ivie
This research has received funding from the European Union’s Horizon 2020
research programme under the Marie-Curie Grant Agreement No 751198