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Recent evidence for the U.S. suggests that recessions play a crucial role in promoting automation and the reallocation of productive resources, which in turn increase aggregate productivity and lead to a higher standard of living. I present evidence suggesting that the same is true in Canada. In...
Persistent link: https://www.econbiz.de/10012241594
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,...
Persistent link: https://www.econbiz.de/10012285610
The development of knowledge-intensive business services in recent decades can be interpreted as one of the indicators … of a transformation from an industrial economy into a knowledge-based one. Not only do quantitative measures, whether in … knowledge throughout the economy. This article presents an analysis of the KIBS sector based on a literature review. In the …
Persistent link: https://www.econbiz.de/10011802035
Persistent link: https://www.econbiz.de/10014388544
This study measures the relationship between tacit knowledge and innovation in the Polish and US information technology … variable in tacit knowledge development in individuals is also identified as is the connection of process innovation as a … mediator between tacit knowledge sharing and product/service innovation.The model is supported across both samples though with …
Persistent link: https://www.econbiz.de/10012438098
external finance, to identify a causal effect of bank credit supply on firm investment in innovation. We show that firms that …
Persistent link: https://www.econbiz.de/10012137482
Canadian immigrants to innovation is, in large part, explained by the low employment rates of Canadian STEM-educated immigrants …
Persistent link: https://www.econbiz.de/10012064015
-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes on productivity growth …
Persistent link: https://www.econbiz.de/10011857584
We evaluate manufacturing firms' responses to changes in the real exchange rate (RER) using detailed firm-level data for a large set of countries for the period 2001-2010. We uncover the following stylized facts: In emerging Asia, real depreciations are associated with faster growth of...
Persistent link: https://www.econbiz.de/10011798860
Persistent link: https://www.econbiz.de/10014388519