Showing 1 - 10 of 142
Artificial Intelligence (AI) is often regarded as the next general-purpose technology with a rapid, penetrating, and … far-reaching use over a broad number of industrial sectors. A main feature of new general-purpose technology is to enable … of AI technology and estimate its productivity effects with a sample of German firms. We employ both a cross …
Persistent link: https://www.econbiz.de/10012819685
Artificial Intelligence (AI) represents a set of techniques that enable new ways of innovation and allows firms to offer new features of products and services, to improve production, marketing and administration processes, and to introduce new business models. This paper analyses the extent to...
Persistent link: https://www.econbiz.de/10012500899
suggest that developing countries grow faster when they are globally competitive in low-technology manufacturing and natural …
Persistent link: https://www.econbiz.de/10011536945
How does revolutionary technological change impact wealth inequality? We turn to the mother of all technological shocks–the Industrial Revolution–and analyze its role for wealth concentration both empirically and theoretically. Based on a novel dataset on wealth shares at the level of...
Persistent link: https://www.econbiz.de/10014487319
The finding that industrial sectors differ in their dependence on external finance for sector-specific technological reasons and, thus, rely to a different degree on financial development has become a major concept in studies conducted on both growth and trade. Although natural resources might...
Persistent link: https://www.econbiz.de/10009580846
This paper shows that 19th-century industrialization is an important determinant of the significant changes in Germany’s economic geography observed in recent decades. Using novel data on economic activity in 163 labor market regions in West Germany, we establish that nearly half of them...
Persistent link: https://www.econbiz.de/10013281419
Although information and communication technologies (ICT) consume energy themselves, they are considered to have the potential to reduce overall energy intensity within economic sectors. While previous empirical evidence is based on aggregated data, this is the first large-scale empirical study...
Persistent link: https://www.econbiz.de/10012816326
We analyze the long-run growth effects of automation in the canonical overlapping generations framework. While automation implies constant returns to capital within this model class (even in the absence of technological progress), we show that it does not have the potential to lead to positive...
Persistent link: https://www.econbiz.de/10011668997
This paper investigates the sources of structural change in the Brazilian economy in the 2000s. On that purpose, it uses the input-output structural decomposition analysis and introduces a method to correct the influence of prices on the time behavior of the technical coefficients, making them...
Persistent link: https://www.econbiz.de/10012056016
Technology (S&T) policies, usually inspired by the so-called linear model and by neoclassical economics, are frequently …
Persistent link: https://www.econbiz.de/10012023794