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impacts upon technological progress and thereby also on productivity growth. The empirical results clearly confirm the … detrimental to economic prosperity, at least as far as technological progress and productivity growth are concerned. …
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Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data … suggest that the erstwhile positive correlation between population and productivity turned negative during the 20th century … explains why in modern economies high growth of productivity and income is associated with low or negative population growth …
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positively impacts upon technological progress and thereby also on productivity growth. The empirical results clearly confirm the … detrimental to economic prosperity, at least as far as technological progress and productivity growth are concerned. …
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How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
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