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supply on automation innovation by exploiting an immigrant placement policy in Germany during the 1990s and 2000s. Difference …-in-differences estimates indicate that one additional worker per 1,000 manual and unskilled workers reduces automation innovation by 0 …-skilled workers. Labor market tightness and external demand are plausible mechanisms for the labor-innovation nexus …
Persistent link: https://www.econbiz.de/10012828791
Prettner (2019) studies the implications of automation for economic growth and the labor share in a variant of the … Solow-Swan model. The aggregate production function allows for two types of capital, traditional and automation capital …. Traditional capital and labor are imperfect substitutes whereas automation capital and labor are perfect substitutes. In this …
Persistent link: https://www.econbiz.de/10012866317
change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor … taxation, automation capital, and capital adjustment costs. Labor and automation capital are perfect substitutes whereas labor …
Persistent link: https://www.econbiz.de/10014082792
This paper examines the labor market adjustments to four automation technologies (i.e. robots, communication technology … measure of technology penetration, we estimate changes in regional employment and wages affected by automation technologies … along with the reallocation of workers between sectors. We find that labor market adjustments to automation technologies …
Persistent link: https://www.econbiz.de/10014262037
Debates about the future of work frequently reference past instances of transformative innovation to preface analysis … of how automation and artificial intelligence could reshape society and the economy. However, technological shifts in … overview of the current debates around the potential effects of impending labor-replacing innovation. We then summarize …
Persistent link: https://www.econbiz.de/10014469557
In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we … work with a Cournot oligopoly framework with increasing marginal cost and linear demand and show that innovation may not be … interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of …
Persistent link: https://www.econbiz.de/10012824572
We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …
Persistent link: https://www.econbiz.de/10012867871
that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could … embedded in talented immigrants targeted for innovation. Empirical verification using a VAR regression model in the context of … immigration facilitates innovation with favorable impact on reducing wage-gap …
Persistent link: https://www.econbiz.de/10012861379
Innovation is part idea generation and part development. We build a model of “innovating-bydoing,” whereby ideas come … to practitioners. Successful innovation requires that practitioners’ideas be developed through costly effort. Our model … program onmedical equipment innovation. Our model’s structure allows us to infer the Medicare program’saggregate effects. We …
Persistent link: https://www.econbiz.de/10013232414
To analyze the impact of labor scarcity on technology adoption and innovation, this study uses the differential spread …, had a positive and significant shortrun effect on technology adoption and innovation in agriculture but a negative and …
Persistent link: https://www.econbiz.de/10013307770