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Recent evidence suggests that recessions play a crucial role in promoting automation and the reallocation of productive resources. Consistent with this, I show that in the three previous Canadian recessions, routine jobs were disproportionately lost. COVID-19 is likely to have a similar impact,...
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The purpose of this paper is to evaluate the role of trade in productivity growth in a sample of 30 sectors in 25 EU … hour worked in these countries appear to be mainly due to positive developments (rising productivity) within single … industries and only to a lower extent result from a shift towards higher productivity activities. Trade is found to be an …
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