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Advances in artificial intelligence (A.I.) are a double-edged sword. On the one hand, they may increase economic growth as A.I. augments our ability to innovate. On the other hand, many experts worry that these advances entail existential risk: creating a superintelligence misaligned with human...
Persistent link: https://www.econbiz.de/10014436968
How do innovation and education policy affect individual career choice and aggregate productivity? This paper analyzes … in talent, frictions, and preferences. We link the model to micro-level data from Denmark and uncover a host of facts … about the links between talent, higher education, and innovation. We use these facts to calibrate the model and study …
Persistent link: https://www.econbiz.de/10012481166
This paper proposes a framework to account for innovation similar to the usual accounting framework in production … analysis and a measure of innovativity comparable to that of total factor productivity. This innovation accounting framework is … illustrated using micro-aggregated firm data from the first Community Innovation Surveys (CIS1) for seven European countries …
Persistent link: https://www.econbiz.de/10012466388
through innovation that explains these facts. The model is a modified version of the Schumpeterian theory of firm evolution …
Persistent link: https://www.econbiz.de/10012467132
library productivity measures and because of the availability of data to implement the framework. Preliminary estimates are …
Persistent link: https://www.econbiz.de/10012478398
Differences in labor compensation across 31 large public library systems are examined based on the author's interview …
Persistent link: https://www.econbiz.de/10012478821
The operations of 31 large public library systems across the country are compared using information from the author' s … be associated with differences in library services and demographics. The number of materials acquired per capita has a … strong impact on library use …
Persistent link: https://www.econbiz.de/10012478826
We conduct a randomized controlled trial of an Indian school library program. Overall, the program had no impact on …
Persistent link: https://www.econbiz.de/10012460477
E-commerce sales have grown rapidly worldwide, massively increasing the availability of new products. We examine data from the largest digital platform in China and find that the number of book titles almost doubled, prices fell somewhat, and most new books are sold to consumers with unusual...
Persistent link: https://www.econbiz.de/10013477295
book prices for libraries and their patrons. Using data on over 8,000 library systems for 2013-2019, we measure the impacts … library market, and we rationalize the status quo book holdings with a librarian utility function that attaches higher weights …
Persistent link: https://www.econbiz.de/10013362046