Narrow search
Showing 1 - 10 of 891
Cover Image
From Imitation to Innovation : Where Is all that Chinese R&D Going?
König, Michael - 2020
compare the estimates with those obtained using data for Taiwan and find the results to be robust. We perform counterfactuals …
Persistent link: https://www.econbiz.de/10012481599
Cover Image
The Effects of Overseas Investment on Domestic Employment
Chen, Tain-Jy - 2003
In this paper, we study the effects of FDI on domestic employment by examining the data of Taiwan's manufacturing … employment is a combination of substitution and output effects. For Taiwan, the net effect is positive in most cases but it …
Persistent link: https://www.econbiz.de/10012468538
Cover Image
Productivity, Output, and Failure : A Comparison of Taiwanese and Korean Manufacturers
Aw, Bee Yan - 2002
that despite many outward similarities, two of the most successful Southeast Asian economies, Taiwan and South Korea … Taiwan and identify a number of systematic differences in industry structure between the two countries. Our empirical … producers. These patterns are consistent with strong competitive pressures in Taiwan that lead to market selection based on …
Persistent link: https://www.econbiz.de/10012469949
Cover Image
Firm-level Evidence on Productivity Differentials, Turnover, and Exports in Taiwanese Manufacturing
Aw, Bee Yan - 1997
The manufacturing sector in Taiwan has a market structure composed of large numbers of small firms, a focus on less …
Persistent link: https://www.econbiz.de/10012472577
Cover Image
Computerizing Industries and Routinizing Jobs : Explaining Trends in Aggregate Productivity
Aum, Sangmin - 2018
Aggregate productivity growth in the U.S. has slowed down since the 2000s. We quantify the importance of differential productivity growth across occupations and across industries, and the rise of computers since the 1980s, for the productivity slowdown. Complementarity across occupations and...
Persistent link: https://www.econbiz.de/10012453357
Cover Image
Artificial Intelligence and the Modern Productivity Paradox : A Clash of Expectations and Statistics
Brynjolfsson, Erik - 2017
We live in an age of paradox. Systems using artificial intelligence match or surpass human level performance in more and more domains, leveraging rapid advances in other technologies and driving soaring stock prices. Yet measured productivity growth has declined by half over the past decade, and...
Persistent link: https://www.econbiz.de/10012453713
Cover Image
The Productivity Slowdown and the Declining Labor Share : A Neoclassical Exploration
Grossman, Gene M. - 2017
We explore the possibility that a global productivity slowdown is responsible for the widespread decline in the labor share of national income. In a neoclassical growth model with endogenous human capital accumulation a la Ben Porath (1967) and capital-skill complementarity a la Grossman et al....
Persistent link: https://www.econbiz.de/10012453858
Cover Image
The Simple Macroeconomics of AI
Acemoglu, Daron - National Bureau of Economic Research - 2024
This paper evaluates claims about large macroeconomic implications of new advances in AI. It starts from a task-based model of AI's effects, working through automation and task complementarities. So long as AI's microeconomic effects are driven by cost savings/productivity improvements at the...
Persistent link: https://www.econbiz.de/10014544765
Cover Image
Economic Growth under Transformative AI
Trammell, Philip; Korinek, Anton - National Bureau of Economic Research - 2023
Industrialized countries have long seen relatively stable growth in output per capita and a stable labor share. AI may be transformative, in the sense that it may break one or both of these stylized facts. This review outlines the ways this may happen by placing several strands of the literature...
Persistent link: https://www.econbiz.de/10014421241
Cover Image
Intangibles, Markups, and the Measurement of Productivity Growth
Crouzet, Nicolas; Eberly, Janice C. - National Bureau of Economic Research - 2021
In recent years, measured TFP growth in the US has declined. We argue that two forces contributed to this decline: the mismeasurement of intangible capital, and rising markups. Markups affect input shares, while intangibles omitted from measures of investment affect measured capital growth, each...
Persistent link: https://www.econbiz.de/10012599399