""balanced"" one in which China''s productivity grows at the same rate in each sector, and an ""unbalanced"" one in which China … magnitude larger welfare gains when China''s productivity growth is biased towards its comparative disadvantage sectors. We …This paper evaluates the global welfare impact of China''s trade integration and technological change in a quantitative …

pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity …: improvements in the productivity of 'robots' drive divergence, as advanced countries differentially benefit from their initially …

output and total factor productivity (TFP) in the wake of a crisis. Second, we develop a DSGE model with financial frictions …

that IT is contributing to labor productivity growth through both increases in the levels of IT capital per worker and … total factor productivity (TFP) growth in the production of IT equipment. The main outstanding issue is whether IT is …

This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The … analysis shows that labor productivity may temporarily fall below trend after technological progress. However, the effects on … productivity differ between the pre- and post-World War II periods. The pre-war period shows evidence of a productivity slowdown as …

-factor productivity (MFP) in a panel of industries in 15 OECD countries over the period 1980 to 2003, with a special focus on Australia … productivity best practices over the past 16 years, and have benefited from the diffusion of Information and Communication …''s productivity performance and adoption of ICTs …