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ICT adoption in micro and small firms : can internet access improve labor productivity?

Viollaz, Mariana - 2017

This paper analyzes the impact of internet adoption on labor productivity in Peruvian micro and small manufacturing firms over the period 2011-2013. Instrumental variables estimates show that internet adoption: (i) increases firms' labor productivity; (ii) reallocates employment away from...

Persistent link: https://www.econbiz.de/10011782094

Let's switch to the cloud : cloud adoption and its effect on IT investment and productivity

Duso, Tomaso; Schiersch, Alexander - 2022

IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …

Persistent link: https://www.econbiz.de/10013368656

Human capital formation and global warming mitigation : evidence from an integrated assessment model

Carraro, Carlo; Cian, Enrica de; Tavoni, Massimo - 2009

Based on recent empirical evidence, this paper includes human capital and knowledge in an integrated assessment model and it assesses the interplay between innovation, human capital, climate change, and education policies. Results indicate that climate policy stimulates a dedicated form of...

Persistent link: https://www.econbiz.de/10003922925

From helping hand to stumbling block : the ChatGPT paradox in competency experiment

Kim, Duk Gyoo; Moon, Ahram - 2024

We ran a controlled laboratory experiment to examine whether ChatGPT's aid can increase the participants' performance in three different-reading and writing, mathematical problem-solving, and computational thinking-tasks. We find that the math score significantly decreases with ChatGPT's...

Persistent link: https://www.econbiz.de/10014496516

Steady-state growth and the elasticity of substitution

Irmen, Andreas - 2010

In a neoclassical economy with endogenous capital- and labor-augmenting technical change the steady-state growth rate of output per worker is shown to increase in the elasticity of substitution between capital and labor. This confirms the assessment of Klump and de La Grandville (2000) that the...

Persistent link: https://www.econbiz.de/10003938203

Population aging and the direction of technical change

Irmen, Andreas - 2009

An analytical framework is developed to study the repercussions between endogenous capital- and labor-saving technical change and population aging. Following an intuition often attributed to Hicks (1932), I ask whether and how population aging affects the relative scarcity of factors of...

Persistent link: https://www.econbiz.de/10003923496

Factor income distribution and endogenous economic growth : when Piketty meets Romer

Irmen, Andreas; Tabaković, Amer - 2016

We scrutinize Thomas Piketty's (2014) theory concerning the relationship between an economy's long-run growth rate, its capital-income ratio, and its factor income distribution put forth in his recent book Capital in the Twenty-First Century. We find that a smaller long-run growth rate may be...

Persistent link: https://www.econbiz.de/10011568791

Automation, economic growth, and the labor share - a comment on Prettner (2019)

Heer, Burkhard; Irmen, Andreas - 2019 - This Version: June 24, 2019

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...

Persistent link: https://www.econbiz.de/10012031062

Profit shifting and investment effects : the implications of zero-taxable profits

Köthenbürger, Marko; Mardan, Mohammed; Stimmelmayr, … - 2018

-tax country induces bunching. Such bunching promotes investment incentives in the low-tax as well as the high-tax country. In … equilibrium, affiliates might over-invest and the bunching-related investment effects generate a tendency for too high profit … investment incentives and transfer pricing induces inefficiently low taxes. …

Persistent link: https://www.econbiz.de/10011794726

Population, pensions, and endogenous economic growth

Heer, Burkhard (contributor); Irmen, Andreas (contributor) - 2008

We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by institutional characteristics of the pension scheme. When labor is scarcer it becomes more expensive and innovation investments that increase labor...

Persistent link: https://www.econbiz.de/10003791799

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