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This study examines the causes and consequences of incentive pay adoption among Chinese manufacturing firms. First, we find that a higher degree of labor scarcity encourages firms to adopt more incentive pay. Second, using an instrumental variables approach, we find that a 10 percentage point...
Persistent link: https://www.econbiz.de/10012170269
where domestic innovation has to be complemented by the role played by international technology transfer. In the second part … technology transfer, labor-saving technological progress and skill-enhancing trade. …
Persistent link: https://www.econbiz.de/10012129950
This paper addresses, both theoretically and empirically, the sectoral patterns of job creation and job destruction in order to distinguish the alternative effects of embodied vs disembodied technological change operating into a vertically connected economy. Disembodied technological change...
Persistent link: https://www.econbiz.de/10012159270
This contribution reviews the rich interdisciplinary literature covering the relationship between the diffusion of COVID-19 and the adoption of technologies in various sectors of the economy, ranging from health care facilities to manufacturing companies. Besides covering the technical and...
Persistent link: https://www.econbiz.de/10012703254
technologies (ICT) is associated with a significant increase in the share of employees who work from home. Similar results hold … in ICT prices on working from home increases with age. A rationale for such a result is that the preference for working …
Persistent link: https://www.econbiz.de/10012316419
We analyse how the adoption of technological innovations correlates with workers' perceived levels of job insecurity, and what factors mediate such relationship, by exploiting a recent, large and dedicated survey distributed to a representative sam- ple of Italian workers. The dedicated survey...
Persistent link: https://www.econbiz.de/10012623863
demand and slow down GDP growth, even in the face of the positive technology shock that AI entails. If the elasticity of …
Persistent link: https://www.econbiz.de/10012262282
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/10012098960
The present technological revolution, characterized by the pervasive and growing presence of robots, automation, Artificial Intelligence and machine learning, is going to transform societies and economic systems. However, this is not the first technological revolution humankind has been facing,...
Persistent link: https://www.econbiz.de/10012149222
Despite significant headwinds from population aging in most advanced economies (AEs), labor force participation rates show remarkably divergent trajectories both across countries and across different groups of workers. Participation increased sharply among prime-age women and, more recently,...
Persistent link: https://www.econbiz.de/10012129738