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The wrong kind of AI? : artificial intelligence and the future of labor demand

Acemoglu, Daron; Restrepo, Pascual - 2019

Artificial Intelligence is set to influence every aspect of our lives, not least the way production is organized. AI, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which humans can be productively employed. Recent technological...

Persistent link: https://www.econbiz.de/10012001438

One or many knowledge production functions? : Mapping innovative activity using microdata

Conte, Andrea (contributor); Vivarelli, Marco (contributor) - 2005

subsample of 2,949 firms from the third European Community Innovation Survey (CIS 3). A bivariate probit analysis framework is … innovation intensity. This paper also discusses an alternative test procedure that permits an extension of Cragg's test in the … analysis of survey data with weighted observations. Results show that R&D is strictly linked to product innovation, while TA is …

Persistent link: https://www.econbiz.de/10003222506

Labour-saving automation and occupational exposure: a text-similarity measure

Montobbio, Fabio; Staccioli, Jacopo; Virgillito, Maria … - 2021

This paper represents one of the first attempts at building a direct measure of occupational exposure to robotic labour-saving technologies. After identifying robotic and LS robotic patents retrieved by Montobbio et al. (2022), the underlying 4-digit CPC definitions are employed in order to...

Persistent link: https://www.econbiz.de/10012704927

Automation and new tasks : how technology displaces and reinstates labor

Acemoglu, Daron; Restrepo, Pascual - 2019

We present a framework for understanding the effects of automation and other types of technological changes on labor demand, and use it to interpret changes in US employment over the recent past. At the center of our framework is the allocation of tasks to capital and labor - the task content of...

Persistent link: https://www.econbiz.de/10012001461

Robots and the origin of their labour-saving impact

Montobbio, Fabio; Staccioli, Jacopo; Virgillito, Maria … - 2020

This paper investigates the presence of explicit labour-saving heuristics within robotic patents. It analyses innovative actors engaged in robotic technology and their economic environment (identity, location, industry), and identifies the technological fields particularly exposed to...

Persistent link: https://www.econbiz.de/10012171172

Robots and workers : evidence from the Netherlands

Acemoglu, Daron; Koster, Hans; Ozgen, Ceren - 2023

We estimate the effects of robot adoption on firm-level and worker-level outcomes in the Netherlands using a large employer-employee panel dataset spanning 2009-2020. Our firm-level results confirm previous findings, with positive effects on value added and hours worked for robot-adopting firms...

Persistent link: https://www.econbiz.de/10014230161

Minimum wages and on-the-job training

Acemoglu, Daron; Pischke, Jörn-Steffen - 2001

Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...

Persistent link: https://www.econbiz.de/10011404043

Business visits, knowledge diffusion and productivity

Piva, Mariacristina; Tani, Massimiliano; Vivarelli, Marco - 2016

The aim of this paper is to investigate the productivity impact of business visits, relative to traditional drivers of productivity enhancement, namely capital formation and R&D. To carry out the analysis, we combine unique and novel data on business visits sourced from the U.S. National...

Persistent link: https://www.econbiz.de/10011595161

R&D and productivity : testing sectoral peculiarities using micro data

Potters, Lesley (contributor); … - 2008

findings can be summarised along the following lines: knowledge stock has a significant positive impact on a firm … ; knowledge stock ; panel data ; perpetual inventory method …

Persistent link: https://www.econbiz.de/10003656916

Innovation and employment in patenting firms : empirical evidence from Europe

Van Roy, Vincent; Vertesy, Daniel; Vivarelli, Marco - 2015

This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering … is the labour-friendly nature of innovation, which we measure in terms of forward-citation weighted patents. However …, this positive impact of innovation is statistically significant only for firms in the high-tech manufacturing sectors …

Persistent link: https://www.econbiz.de/10011288522