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Kleinberg, Jon - 2017

We examine how machine learning can be used to improve and understand human decision-making. In particular, we focus on … released. This is a promising machine learning application because it is a concrete prediction task for which there is a large … results suggest that while machine learning can be valuable, realizing this value requires integrating these tools into an …

Persistent link: https://www.econbiz.de/10012962719

Structural Transformation Along Metals, Machinery and Equipment Value Chain – Developing Capabilities in the Metals and Machinery Segments

Rustomjee, Zavareh - 2018

South Africa's industrial development trajectory has centered on the mining, metals and energy value chains. The mining and basic metals industries were beneficiaries of favourable electricity tariffs, investment and logistics support aimed at promoting its competitiveness. Subsequently, the...

Persistent link: https://www.econbiz.de/10012909224

IT‐Intensive Machinery and Equipment, Organizational Change and Productivity Growth

Jacobsen, Joannes - 2018

The complementarity between investment in machinery and equipment (M&E) with IT and organizational changes for firm productivity growth is studied in this paper. In order to investigate whether this complementarity is a general phenomenon or rather relates to specific sectors, it is necessary to...

Persistent link: https://www.econbiz.de/10012931037

Big Dragon, Little Dragons : China's Challenge to the Machinery Exports of Southeast Asia

Rahardja, Sjamsu - 2012

This paper investigates the extent of China's export boom in machinery and analyzes trade in components and finished machinery between China and Southeast Asia. China has increased its world market share in machinery exports. The median relative unit value of its finished machinery exports has...

Persistent link: https://www.econbiz.de/10012552747

Achieving Scale Collectively

Bassi, Vittorio; Muoio, Raffaela; Porzio, Tommaso; Sen, … - National Bureau of Economic Research - 2021

This paper argues that rental market interactions allow small firms to increase their effective scale and mechanize production, even when each individual firm would be too small to invest in expensive machines. We conduct a novel survey of manufacturing firms in Uganda, which uncovers an active...

Persistent link: https://www.econbiz.de/10012585412

Big Dragon, Little Dragons : China's Challenge to the Machinery Exports of Southeast Asia

Rahardja, Sjamsu - 2016

Persistent link: https://www.econbiz.de/10012747670

Central banks' interest rate and international trade in BRIC countries : agriculture vs machinery industry?

Borodin, Konstantin G.; Strokov, Anton - 2011

The paper investigates interrelations between the dynamics of national central banks' interest rates and international trade within the BRIC countries. It shows that countries with lower interest rates experience growth of the share of machinery industry exports rather than agriculture and food...

Persistent link: https://www.econbiz.de/10009317639

Human decisions and machine predictions

Kleinberg, Jon; Lakkaraju, Himabindu; Leskovec, Jure; … - 2017

Persistent link: https://www.econbiz.de/10011624354

Werkzeugmaschine und Arbeitszerlegung : ein Versuch zur Ergänzung der nationalökonomischen Lehre von der Arbeitsvereinigung und Arbeitsteilung

Brake, Ludwig - 1911

Persistent link: https://www.econbiz.de/10011876593

Financial market predictions with Factorization Machines : trading the opening hour based on overnight social media data

Stübinger, Johannes; Walter, Dominik; Knoll, Julian - 2017

This paper develops a statistical arbitrage strategy based on overnight social media data and applies it to high-frequency data of the S&P 500 constituents from January 2014 to December 2015. The established trading framework predicts future financial markets using Factorization Machines, which...

Persistent link: https://www.econbiz.de/10011741411