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We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated … unobservable components within each business for each year from 1992 to 1997. We measure technology using variables from the Annual … between advanced technology and skill in a cross-sectional analysis of businesses in both sectors. The more comprehensive …
Persistent link: https://www.econbiz.de/10012760169
We introduce a tractable model of endogenous growth in which the returns to innovation are determined by the technology … adoption decisions of the users of new technologies. Technology adoption involves an implementation investment that determines … the initial productivity of a new technology. After implementation, learning increases the productivity of a technology to …
Persistent link: https://www.econbiz.de/10012760401
these shortcomings by focusing on technological learning-by-doing: the notion that it takes workers time using a technology …
Persistent link: https://www.econbiz.de/10013071305
This paper estimates the impact of technology sophistication pre-COVID-19 on the performance of firms during the early … mediation framework to decompose the results into a direct and an indirect effect. Increasing pre-pandemic technology … estimates of the reduction in sales for firms with more sophisticated pre-pandemic technology. Our results are robust to …
Persistent link: https://www.econbiz.de/10013307899
differences defined by technology. In the aggregate time series relative unemployment is defined by educational unemployment … hiring and training response is quicker than the wage response. We also observe in time series that the pace of technology … technology, maturing of the workforce, and growth of international trade reduce unemployment in the longer run. The same …
Persistent link: https://www.econbiz.de/10013228613
creation of formal technology licensing offices at universities. Up until approximately the mid-1980s, university patents were …
Persistent link: https://www.econbiz.de/10013229045
that Japan is not spending much on basic technology development cannot be empirically substantiated from the study of the … historical trends. However, the fact that in the U.S.A. the largest proportion of industrial R&D expenditures is spent on the … technology.The second part of the paper is to show how two countries, one with heavy R&D activities in basic technology (the U …
Persistent link: https://www.econbiz.de/10013246392
change in structure. This paper seeks to fill the gap by study- ing the impact of domestic technology, foreign technology and … for 24 manufacturing industries. Holding time and industry effects constant we find that in most cases technology has the … technology constant we find mixed results for trade. Effects of trade on real wages are generally insignificant once time effects …
Persistent link: https://www.econbiz.de/10013237013
We investigate what happens to hours worked after a positive shock to technology, using the aggregate technology series …
Persistent link: https://www.econbiz.de/10013220094
a new technology efficiently can explain a set of observations regarding within and cross-country patterns of technology …) why inefficient technology use may take over a market even when better practice is available, (2) why widespread … technologies is more likely to occur where the existing technology is already productive, where wages are already relatively high …
Persistent link: https://www.econbiz.de/10012755309