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We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10008854520
have declined because of difficulties in telecommunication sector. Productivity analysis shows that high country-level R …&D expenditures as in Finland and the United States - have positive correlation with labour productivity in manufacturing. Moreover …, labour productivity in manufacturing in OECD countries relates positively with FDI and R&D expenditure growth. Also the level …
Persistent link: https://www.econbiz.de/10009399069
This Paper claims that technical progress induces early retirement of older workers. It supports this claim both theoretically and empirically. We present a model where part of human capital is technology-specific, so that technical progress erodes some existing human capital. This affects...
Persistent link: https://www.econbiz.de/10005791260
The paper analyses the contemporary organizational restructuring of production and work and derives some salient implications for the labour market. The analysis focuses on the switch from occupational specialization at 'Tayloristic' organizations to multi-tasking at 'holistic' organizations....
Persistent link: https://www.econbiz.de/10005504765
The paper examines the determinants of the division of labour within firms. It provides an explanation of the pervasive change in work organization away from the traditional functional departments and towards multi-tasking and job rotation. Whereas the existing literature on the division of...
Persistent link: https://www.econbiz.de/10005788938
This paper explores the implications of the ongoing reorganization of firms for inequality in the labour market. We show how recent technological advances in physical and human capital can lead to the breakdown of occupational barriers, creating demands for new combinations of skills, and...
Persistent link: https://www.econbiz.de/10005789077
Persistent link: https://www.econbiz.de/10005818441
panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …Despite ubiquitous discussions of robots’ potential impact, there is almost no systematic empirical evidence on their …
Persistent link: https://www.econbiz.de/10011196027
temporary workers that obtain an open-ended contract is low. Second, the productivity growth in Chile after 1997 is practically … zero and human capital accumulation is one of the factors that might help to recover the path of productivity growth. …
Persistent link: https://www.econbiz.de/10010653786
We construct a model where the equilibrium organization of firms changes as an economy approaches the world technology frontier. In vertically integrated firms, owners (managers) have to spend time both on production and innovation activities, and this creates managerial overload, and...
Persistent link: https://www.econbiz.de/10005123937