Showing 1 - 10 of 13
Persistent link: https://www.econbiz.de/10014245518
This paper argues that unemployment insurance increases labor productivity by encouraging workers to seek higher … productivity jobs, and by encouraging firms to create those jobs. We use a quantitative general equilibrium model to investigate …
Persistent link: https://www.econbiz.de/10012471432
these tasks are designed to be used by skilled workers, productivity in the LDCs will be low. Even when all countries have … factor productivity and output per worker. Our theory also suggests that productivity differences should be highest in medium … effect on the direction of technical change and on productivity differences …
Persistent link: https://www.econbiz.de/10012471932
Persistent link: https://www.econbiz.de/10013465373
This paper points out that modeling automation as factor-augmenting technological change has several unappealing implications. Instead, modeling it as the process of machines replacing tasks previously performed by labor is both descriptively realistic and leads to distinct and empirically...
Persistent link: https://www.econbiz.de/10012453393
labor productivity and lower labor shares. In particular, the use of these technologies is associated with a 11.4% higher … labor productivity, which accounts for 20-30% of the difference in labor productivity between large firms and the median …
Persistent link: https://www.econbiz.de/10013462707
We estimate the effects of robot adoption on firm-level and worker-level outcomes in the Netherlands using a large employer-employee panel dataset spanning 2009-2020. Our firm-level results confirm previous findings, with positive effects on value added and hours worked for robot-adopting firms...
Persistent link: https://www.econbiz.de/10014247929
is inefficient and reduces (and could even negate) the productivity gains from automation. Using data for the US from … contribution. We also estimate that inefficient rent dissipation offset 60-90% of the productivity gains from automation since 1980 …
Persistent link: https://www.econbiz.de/10014576564
This paper revisits the important ideas proposed by Atkinson and Stiglitz's seminal 1969 paper on technological change. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological change literature, it explains how these three...
Persistent link: https://www.econbiz.de/10012458604
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10012458826