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Persistent link: https://www.econbiz.de/10011695812
Productivity in Finland has been increasing very rapidly since the 1980s. The increase from 1980 to 2001 was as much as … sector was 60 %, i.e., 2 times more than the industrial countries. average. Despite the rapid increase the productivity level … telecommunications and transportation, the productivity level is, however, very high by international standards. Productivity differences …
Persistent link: https://www.econbiz.de/10010285261
Research and development (R&D) and technology are analyzed from the perspective of Philippine economic growth in the … paper. It examines the productivity performance of the economy and analyzes how it has been affected by developments in R …&D and technology. General R&D and technology policies and institutional structure and arrangements are examined. National …
Persistent link: https://www.econbiz.de/10011429698
resuscitate HOV by introducing a simple Hicks-neutral (HN) factor-productivity adjustment, an approach that was heavily criticized …. In this paper, we re-examine the productivity question by estimating factor-specific productivities from the individual … technology data of multiple countries. Using a dataset of 29 countries, both developed and developing, we find evidence of factor …
Persistent link: https://www.econbiz.de/10010275798
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … where it does not properly measure technology) and makes it possible to calculate the contributions of disaggregated units …-level (EU-KLEMS) and firm-level (Amadeus) data. After adding further assumptions about technology and market structure (firms …
Persistent link: https://www.econbiz.de/10010269431
. This research has found the marginal productivity of innovation in Portugal to be similar to the one of Germany and higher … the productivity of innovation across the twenty seven Member States of the European Union (EU-27), with a particular … focus on Portugal. The data on inputs and outputs of innovation were collected from the Innovation Union Scoreboard 2010 …
Persistent link: https://www.econbiz.de/10011849140
Motivated by the recent reversal in labor productivity growth, this paper is analyzing the relationship between R …&D expenditures and productivity. Time series data of the German manufacturing industry is used to estimate a variable cost function … expenditures were also declining, the contribution of R&D to productivity growth is currently stagnating at the lowest level since …
Persistent link: https://www.econbiz.de/10010291695
inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … aggregate demand. A second is that the predictions of AI causing massive job losses and faster growth in productivity and GDP … growth and productivity is stagnating and inequality is rising. Our paper provides a theoretical explanation of this in the …
Persistent link: https://www.econbiz.de/10011984565
After a number of AI-winters, AI is back with a boom. There are concerns that it will disrupt society. The immediate concern is whether labor can win a 'race against the robots' and the longer-term concern is whether an artificial general intelligence (super-intelligence) can be controlled. This...
Persistent link: https://www.econbiz.de/10012005919
, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which … labor demand, declining labor share in national income, rising inequality and lower productivity growth. The current …
Persistent link: https://www.econbiz.de/10012005993