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An arms race for an artificial general intelligence (AGI) would be detrimental for and even pose an existential threat to humanity if it results in an unfriendly AGI. In this paper an all-pay contest model is developed to derive implications for public policy to avoid such an outcome. It is...
Persistent link: https://www.econbiz.de/10011895813
In this paper I argue that the manufacturing sector still has an important role to play in Africa's development. Despite failing to industrialize in the past, there may be a new window of opportunity. This is due to the convergence of what has been called "brilliant" new technologies associated...
Persistent link: https://www.econbiz.de/10011949049
homogenous R&D-based knowledge production function by introducing different types of innovation investments (R&D and technology …-than-expected role is played by technology acquisition in the innovation process; (2) the relative importance of R&D and technology …
Persistent link: https://www.econbiz.de/10010199017
There is a dearth of research on the impact of technological change on employment in the context of least developed countries (LDCs) embarking on globalization, which enhances the prospect of direct technological imports or embodied technological transfer. Using a sample of 1,940 enterprises...
Persistent link: https://www.econbiz.de/10010226717
trend (purely external non-economic) as well as other exogenous (external economic) factors (technology shifters). We define … technology index based on the external economic factors which are indicators of ‘technology’. Thus our definition of production … function is amended to accommodate several technology shifters which are not separable from the traditional inputs. That is …
Persistent link: https://www.econbiz.de/10003941555
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 … specific external economic factors. Furthermore, the technology shifters allow for non-neutral and biased shifts in TC. We also …
Persistent link: https://www.econbiz.de/10009425734
compared with the western region. Foreign direct investment (FDI) and information and communication technology (ICT) investment …
Persistent link: https://www.econbiz.de/10003323158
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 … exogenous growth factors are used in modeling four technology shifter indices to explore development infrastructure, finances …
Persistent link: https://www.econbiz.de/10011595871
skillbiased technological change induced through imports of technology-intensive capital goods or export activity may provide an … based on a translog cost function show that changes in technology through a greater inflow of foreign machinery is found to …
Persistent link: https://www.econbiz.de/10011413769
This paper studies the interlinked relationship between globalization and technological upgrading in affecting employment and wages of skilled and unskilled workers in a middle income developing country. It exploits a unique longitudinal firm‐level database that covers all manufacturing firms...
Persistent link: https://www.econbiz.de/10011376252