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Artificial Intelligence and Economic Growth
Aghion, Philippe - 2017
This paper examines the potential impact of artificial intelligence (A.I.) on economic growth. We model A.I. as the latest form of automation, a broader process dating back more than 200 years. Electricity, internal combustion engines, and semiconductors facilitated automation in the last...
Persistent link: https://www.econbiz.de/10012453786
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Climate Shocks and Exports
Jones, Benjamin F. - 2010
This paper uses international trade data to examine the effects of climate shocks on economic activity. We examine panel models relating the annual growth rate of a country's exports in a particular product category to the country's weather in that year. We find that a poor country being 1...
Persistent link: https://www.econbiz.de/10012462941
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The Anatomy of Start-Stop Growth
Jones, Benjamin F. - 2005
accelerations and collapses are asymmetric phenomena. Collapses typically feature reduced manufacturing and investment amidst … in contrast to much growth theory and conventional wisdom: despite much talk of poverty traps, even very poor countries … regularly grow rapidly, and the role of aggregate investment in growth accelerations is negligible …
Persistent link: https://www.econbiz.de/10012467151