Showing 1 - 10 of 39
We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the possibility of perpetual growth, even in the absence of technological progress; (ii) the long-run economic growth rate declines with population growth, which is consistent with the...
Persistent link: https://www.econbiz.de/10011458839
We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of perpetual growth, even in the absence of technological progress; (ii) the long-run economic growth rate declines with population growth, which is consistent with the available...
Persistent link: https://www.econbiz.de/10011555095
Persistent link: https://www.econbiz.de/10013166180
Persistent link: https://www.econbiz.de/10012622760
Persistent link: https://www.econbiz.de/10012696722
sectors, an increase by one robot per 1000 workers is associated with a 3.5% increase of reshoring activity. We also provide …
Persistent link: https://www.econbiz.de/10012309562
robot tax that has featured prominently in the policy debate on automation and show that it could raise the capital stock … and per capita output at the steady state. However, the robot tax cannot induce a takeoff toward positive long-run growth. …
Persistent link: https://www.econbiz.de/10011668997
Persistent link: https://www.econbiz.de/10012201919
1% increase in population growth is associated with an approximately 2% reduction in the growth rate of robot density …
Persistent link: https://www.econbiz.de/10012202423
that a robot tax has the potential to raise per capita output and welfare at the steady state. However, it cannot induce a …
Persistent link: https://www.econbiz.de/10012181404