We use the elements of a macroeconomic production function - physical capital, human capital, labor, and technology … work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …

income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese …Intangible knowledge capital (IKC) - technology produced by workers but not embodied in them - can offset the "middle …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

In recent times the employment effects of technical progress raised much intention. Will recent productivity gains lead …

where domestic innovation has to be complemented by the role played by international technology transfer. In the second part … - using different taxonomies put forward by the innovation literature - the concrete ways through which an emerging country … skills. In particular, the prescriptions by the conventional trade theory will be contrasted with a view taking into account …

In "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," Acemoglu … impact of AI on jobs, inequality, wages, labor productivity and long-run GDP growth are explored. …

productivity growth ; technology indicator ; technology shifter ; OECD countries … call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are …

This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of … the traditional production model where technology is represented by a time trend. TFP growth is decomposed into … unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based …

In this paper, we describe the historical co-evolution of innovation and economic growth in Germany since 1871. The … country's rise as an industrial power in the late 19th century, through its innovation and entrepreneurial performance, is … nevertheless a period during which innovation went into relative decline. We document this decline and offer four broad …