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"According to the "compensation theory", market forces should assure a complete compensation of the initial labour …
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skills. In particular, the prescriptions by the conventional trade theory will be contrasted with a view taking into account …
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Electricity consumption will comprise an increasing share of global energy demand during the next two decades. In recent years, the increasing prices of fossil fuels and concerns about the environmental consequences of greenhouse gas emissions have renewed the interest in the development of...
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This study investigates the relationship between economic growth and democracy by estimating a nation's production function specified as static and dynamic models using panel data. In estimating the production function, it applies a single time trend, multiple time trends and the general index...
Persistent link: https://www.econbiz.de/10011704213
This paper investigates the presence of explicit labour-saving heuristics within robotic patents. It analyses innovative actors engaged in robotic technology and their economic environment (identity, location, industry), and identifies the technological fields particularly exposed to...
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Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers …
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