Showing 1 - 10 of 16,884
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … the sample composition and argue that focusing on manufacturing and mining sectors mitigates unobserved heterogeneity and … industries leads to a sizable drop of the productivity effects, halving the effect size for labor productivity and insignificant …
Persistent link: https://www.econbiz.de/10012803057
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … workforce variables reestablishes the productivity effects, but still rejects positive wage effects and skill …
Persistent link: https://www.econbiz.de/10012437888
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … variables reestablishes the productivity effects, but still rejects positive wage effects and skill-biased technological change …
Persistent link: https://www.econbiz.de/10012507656
Economic theory predicts that outsourcing public services to private firms will reduce costs, but the effect on quality is ambiguous. We explore quality differences between publicly and privately owned ambulances in a setting where patients are as good as randomly assigned to ambulances of...
Persistent link: https://www.econbiz.de/10012615434
We develop a framework for analyzing “medium-run” departures from balanced growth, and apply it to the economies of continental Europe. A time-varying factor-augmenting production function (mimicking “directed” technical change) with a below-unitary substitution elasticity coupled with...
Persistent link: https://www.econbiz.de/10011604961
An important gap in most empirical studies of establishment-level productivity is the limited information about workers … suggestive empirical analysis of the relationship between within-industry dispersion in productivity and tasks and skills. We …' characteristics and their tasks. Skill-adjusted labor input measures have been shown to be important for aggregate productivity …
Persistent link: https://www.econbiz.de/10013426443
This study analyzes trends in specialization of the Finnish industry since the 1980s. Low technology industries, such … their share of output has decreased significantly and Finland has specialized more and more in high technology industries …, especially in ICT. The pattern of the Finnish revealed technological advantage with focus on ICT, and pulp and paper technologies …
Persistent link: https://www.econbiz.de/10010273060
The central prediction of the Aghion et al. (2005) model is an inverted U-shaped relation between innovation and … competition. The model is built on the assumption of a product market and has not yet been empirically tested on service …-sector firms. However, non-exporting service firms deviate from the overall pattern. A more detailed breakdown of innovation …
Persistent link: https://www.econbiz.de/10010281438
Productivity of the Finnish private sector decreased during the financial crisis of 2008-2009 and, since then …, productivity growth has not reached the level preceding the crisis. A key factor underlying productivity growth is R&D. The … worthwhile considering whether changes in productivity effects of R&D, instead of changes in volumes of R&D inputs, may explain …
Persistent link: https://www.econbiz.de/10014329374
lacking such effects. Moreover, these specialized and science-basedindustries experienced strong innovation and productivity …Over the last two decades EU countries experienced diverging productivity growthdevelopments. By examining the sources … standard neoclassicalNon-ICT capital deepening turns out the major contributor to EU productivitygrowth, detail industry …
Persistent link: https://www.econbiz.de/10010312160