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Robots and Workers : Evidence from the Netherlands
Acemoglu, Daron; Koster, Hans; Ozgen, Ceren - 2023
We estimate the effects of robot adoption on firm-level and worker-level outcomes in the Netherlands using a large … value added and hours worked for robot-adopting firms and negative outcomes on competitors in the same industry. Our worker … earnings and employment rates, while other workers indirectly gain from robot adoption. We also find that the negative effects …
Persistent link: https://www.econbiz.de/10014254205
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Demography of Global Aging
Bloom, David E. - 2016
Individuals aged 65 years and older currently make up a larger share of the population than ever before, and this group is predicted to continue growing both in absolute terms and relative to the rest of the population. This chapter begins by introducing the facts, figures, and forecasts...
Persistent link: https://www.econbiz.de/10012983909
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A General Model of Technical Change with an Application to the OECD Countries
Heshmati, Almas - 2011
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10013119734
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Robots at Work : Automatable and Non Automatable Jobs
Josten, Cecily - 2019
This study builds on Autor and Dorn's (2013) classification of automatable work at the three-digit occupation code level to identify additional jobs that will be automatable in the next decade by drawing on patent data. Based on this new classification the study provides estimates of the share...
Persistent link: https://www.econbiz.de/10012864855
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Robots at Work
Graetz, Georg - 2015
robot use with a measure of workers' replaceability by robots, which is based on the tasks prevalent in industries before … robots were widely employed. We calculate that the increased use of robots raised countries' average growth rates by about 0 …
Persistent link: https://www.econbiz.de/10013024924
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Education, Market Rigidities and Growth
Aghion, Philippe; Askenazy, Philippe; Bourlès, Renaud; … - 2021
legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier …, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market …
Persistent link: https://www.econbiz.de/10013316704
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Demographic Transitions Across Time and Space
Delventhal, Matt; Fernández-Villaverde, Jesús; Guner, … - 2022
The demographic transition the move from a high fertility/high mortality regime into a low fertility/low mortality …
Persistent link: https://www.econbiz.de/10014076463
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The Race of Man and Machine : Implications of Technology When Abilities and Demand Constraints Matter
Gries, Thomas; Naudé, Wim - 2021
In "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," Acemoglu … and Restrepo (2018b) combine the task-based model of the labor market with an endogenous growth model to model the … economic consequences of artificial intelligence (AI). This paper provides an alternative endogenous growth model that …
Persistent link: https://www.econbiz.de/10013227666
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Artificial Intelligence, Income Distribution and Economic Growth
Gries, Thomas - 2020
The economic impact of Articial Intelligence (AI) is studied using a (semi) endogenous growth model with two novel … features. First, the task approach from labor economics is reformulated and integrated into a growth model. Second, the … 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/10012825010
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Spurring Economic Growth through Human Development : Research Results and Guidance for Policymakers
Bloom, David E. - 2020
domains can also promote economic growth. This paper argues for the importance of human development related investments based … on i) a theoretical economic growth model with poverty traps, ii) a literature review of evidence that different human … development related investments can promote growth, and iii) own empirical analyses that aim at estimating the relative …
Persistent link: https://www.econbiz.de/10012840892