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Persistent link: https://www.econbiz.de/10009572379
""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 …
Persistent link: https://www.econbiz.de/10014396905
Persistent link: https://www.econbiz.de/10012605015
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 …
Persistent link: https://www.econbiz.de/10012302048
Advances in artificial intelligence and automation have the potential to be labor-saving and to increase inequality and poverty around the globe. They also give rise to winner-takes-all dynamics that advantage highly skilled individuals and countries that are at the forefront of technological...
Persistent link: https://www.econbiz.de/10012612326
output and total factor productivity (TFP) in the wake of a crisis. Second, we develop a DSGE model with financial frictions …
Persistent link: https://www.econbiz.de/10012610732
Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of the United States during … indicate that sectors further behind the technological frontier experience faster productivity growth and that spending on …
Persistent link: https://www.econbiz.de/10014399859
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 …
Persistent link: https://www.econbiz.de/10014401355
-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 …
Persistent link: https://www.econbiz.de/10014401500
By the end of 2007, Chile''s total factor productivity was lower than ten years earlier, a performance that contrasted … sharply with the previous decade, when productivity grew by a cumulative 30 percent. This paper assesses productivity trends … in Chile, by decomposing productivity into investment-specific technological change (associated with improvements in the …
Persistent link: https://www.econbiz.de/10014402221