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Racing with or against the machine? : evidence from Europe
Gregory, Terry; Salomons, Anna; Zierahn, Ulrich - 2019
A fast-growing literature shows that digital technologies are displacing labor from routine tasks, raising concerns that labor is racing against the machine. We develop a task-based framework to estimate the aggregate labor demand and employment effects of routine-replacing technological change...
Persistent link: https://www.econbiz.de/10011959965
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Technical progress and induced innovation in China : a variable profit function approach
Wong, K. K. Gary; Fleisher, Belton M.; Zhao, Min Qiang; … - 2020
productivity (TFP) growth in China. Our primary goal is to test Hicks' induced innovation hypothesis by examining whether technical … change in China has been induced by sharp increase in input prices that have accompanied its rapid economic growth. Utilizing … buffers a long-term decline in TFP growth that would otherwise be quite substantial. We conclude that China's economic growth …
Persistent link: https://www.econbiz.de/10012179650
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Automation and related technologies: a mapping of the new knowledge base
Santarelli, Enrico; Staccioli, Jacopo; Vivarelli, Marco - 2022
Korea, China and, more recently, India). …
Persistent link: https://www.econbiz.de/10012805445
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Management of knowledge workers
Hvide, Hans K.; Kristiansen, Eirik Gaard - 2012
We study how firm-specific complementary assets and intellectual property rights affect the management of knowledge workers. The main results show when a firm will wish to sue workers that leave with innovative ideas, and the effects of complementary assets on wages and on worker initiative. We...
Persistent link: https://www.econbiz.de/10009548099
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Globalization and strategic research investments
Bohnstedt, Anna; Schwarz, Christian; Südekum, Jens - 2010
We develop a general equilibrium model of international trade with heterogeneous firms, where countries can invest into basic research to improve their technological potential. These research investments tighten firm selection and raise the average productivity of firms in the market, thereby...
Persistent link: https://www.econbiz.de/10009315295
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Knowledge spillovers, ICT and productivity growth
Corrado, Carol; Haskel, Jonathan; Jona-Lasinio, Cécilia - 2014
This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU member states from 1998 to 2007. We find that (a) the...
Persistent link: https://www.econbiz.de/10010374120
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Economic growth with political lobbying and wage bargaining
Palokangas, Tapio K. - 2009
This paper examines an economy with a large number of industries, each producing a different good. Technological change follows a Poisson process where firms improve their productivity through investment in R&D. The less there are firms in the economy or the more they can coordinate their...
Persistent link: https://www.econbiz.de/10003830196
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Labour market regulation, productivity-improving R&D and endogenous growth
Palokangas, Tapio K. (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001733935
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Government subsidies as a risk-sharing policy tool in innovation investment
Lu, Hao; Fuentes, Claudia de; Milla, Joniada; Ahmadi, Soheil - 2022
Current literature on the impact assessment of government innovation subsidies is mainly empirical driven and lacks an overarching theoretical model to explain the conditions under which government subsidies create positive additionalities on private R&D investment. In this paper, we present a...
Persistent link: https://www.econbiz.de/10013455877
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Welfare analysis in a Schumpeterian growth model with capital
Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10011401108