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immigration may have played in enabling U.S. commuting zones to respond to manufacturing job loss caused by import competition …. Because most U.S. immigrants arrived in the country after manufacturing regions were already mature, few took up jobs in …
Persistent link: https://www.econbiz.de/10013537796
innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …
Persistent link: https://www.econbiz.de/10014226119
We analyze how output and wages behave under different scenarios for technological progress that may culminate in Artificial General Intelligence (AGI), defined as the ability of AI systems to perform all tasks that humans can perform. We assume that human work can be decomposed into atomistic...
Persistent link: https://www.econbiz.de/10014512109
This review considers the evolution of economic thinking on the relationship between digital technology and inequality across four decades, encompassing four related but intellectually distinct paradigms, which I refer to as the education race, the task polarization model, the...
Persistent link: https://www.econbiz.de/10013210102
We use the U.S. patent data merged with firm-level datasets to establish new facts about the role of mega firms in generating "novel patents"--innovations that introduce new combinations of technology components for the first time. While the importance of mega firms in novel patents had been...
Persistent link: https://www.econbiz.de/10014322847
, along with a more complex set of innovation incentives. This chapter presents background on medical device regulation … adverse events and recalls), and concludes with a discussion of the implications of regulation for innovation incentives in …
Persistent link: https://www.econbiz.de/10013477189
employment growth. Then, we analyze whether local factors associated in the previous literature with agglomeration economies and …
Persistent link: https://www.econbiz.de/10014544803
&D spending. Our results demonstrate that public R&D conducted by NASA contractors increased manufacturing value added, employment …We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era …
Persistent link: https://www.econbiz.de/10014322858
employment of R&D workers, extending to ICT and other techies. In non-manufacturing firms, the impact of techies on productivity …-skill intensive and are associated with innovation, as well as with technology adoption, management, and diffusion within firms. Using … manufacturing and non-manufacturing industries. We find that techies raise firm-level productivity, and this effect goes beyond the …
Persistent link: https://www.econbiz.de/10014322729
the considerable gains in employment rates it had achieved during the 1990s, with major contractions in manufacturing … recent reductions in U.S. manufacturing employment and that, through input-output linkages and other general equilibrium …-level approaches to estimate the size of (a) employment losses in directly exposed manufacturing industries, (b) employment effects in …
Persistent link: https://www.econbiz.de/10012458271