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.
https://www.sciencedirect.com/science/article/pii/S0957178721001594?via%3Dihub
Vu, Minh Khuong and Hartley, Kris. (2021). “Effects of Digital Transformation on Electricity Sector Growth and Productivity Performance: A Study of 13 Industrialized Economies.” Utilities Policy, 74, 101326.