Showing 1 - 10 of 643
We (a) propose an implementable innovation index, (b) relate it to existing innovation definitions and (c) show whole … from the EUKLEMS database. Our main findings are as follows. Over 2000-2005, market sector labour productivity grew at 2 … innovation contributed 61% (=(1.24+0.45)/2.74)of labour productivity growth over the period. -- Innovation ; productivity growth …
Persistent link: https://www.econbiz.de/10003811075
Using Italian data that includes both inflation forecasts of firms and external information on their balance sheets, we … study the causal effect of changes in the dispersion of beliefs about future inflation on the misallocation of resources. We … find that as disagreement increases, so does misallocation. In times of low inflation, the aggregate TFP loss of the …
Persistent link: https://www.econbiz.de/10014266905
This paper explores the aggregate economic effects from India's National Rural Employment Guarantee Scheme (NREGS), which provides up to 100 days of labor to rural laborers at the mandated minimum wage. We examine the within-district change to night-time lights and banking deposits using the...
Persistent link: https://www.econbiz.de/10012293537
time trend, multiple time trends and the general index formulations to the translog production function to capture time …
Persistent link: https://www.econbiz.de/10011704213
Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over nearly two decades, for samples split by education, and age - to our knowledge for the first time. The highly educated went from lowest to highest LS, though their average...
Persistent link: https://www.econbiz.de/10011770417
impact of AI on jobs, inequality, wages, labor productivity and long-run GDP growth are explored. …
Persistent link: https://www.econbiz.de/10012517812
The aim of this paper is to analyse the possible trade-off between employment and productivity using panel data on … world economies, developed and developing. We begin with the importance of productivity growth for developing countries …, followed by a brief discussion of the concept of productivity and how it is measured. We discuss the concept of "decent work …
Persistent link: https://www.econbiz.de/10010207261
's foreign intelligence service to sector-specific gaps in total factor productivity (TFP) between West and East Germany. Based …
Persistent link: https://www.econbiz.de/10011670848
, R&D investments, and productivity across 12 OECD economies and 17 manufacturing and service industries. Much of the … positive relationship between those cognitive skills and the labour productivity in a country-sector combination. The part of … the cross-country cross-sector variation in labour productivity that can be explained by human capital is remarkably large …
Persistent link: https://www.econbiz.de/10011595984
inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … aggregate demand. A second is that the predictions of AI causing massive job losses and faster growth in productivity and GDP … growth and productivity is stagnating and inequality is rising. Our paper provides a theoretical explanation of this in the …
Persistent link: https://www.econbiz.de/10011951702