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Enabling growth in the new economy : industrial policy choices in a world of disruptive technological change
Lacey, Simon - 2020
trusted methods and pathways could be closing in light of new technological developments such as automation and artificial …
Persistent link: https://www.econbiz.de/10012240977
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Industrial devolution, underconsumption and the Third World debt crisis
Peet, Richard - In: World development : the multi-disciplinary … 15 (1987) 6, pp. 777-788
Persistent link: https://www.econbiz.de/10001061515
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Will the AI revolution cause a great divergence?
Alonso, Cristian; Berg, Andrew; Kothari, Siddharth; … - 2020
This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes...
Persistent link: https://www.econbiz.de/10012302048
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The rise of the robot reserve army : automation and the future of economic development, work, and wages in developing countries
Schlogl, Lukas; Sumner, Andrew - 2018
Persistent link: https://www.econbiz.de/10011925904
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The contribution of industrial robots to labor productivity growth and economic convergence : a production frontier approach
Eder, Andreas; Koller, Wolfgang; Mahlberg, Bernhard - In: Journal of productivity analysis : an official journal … 61 (2024) 2, pp. 157-181
Persistent link: https://www.econbiz.de/10014502492
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The implications of automation for economic growth and the labor share of income
Prettner, Klaus - 2016
We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the … diverted to automation that maximizes the long-run growth rate of the economy; (iv) the labor share declines with automation to …
Persistent link: https://www.econbiz.de/10011458839
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The implications of automation for economic growth and the labor share
Prettner, Klaus - 2016
We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of … automation that maximizes long-run growth; (iv) the labor share declines with automation to an extent that fits to the observed …
Persistent link: https://www.econbiz.de/10011555095
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Artificial intelligence, growth and employment : the role of policy
Aghion, Philippe; Antonin, Céline; Bunel, Simon - In: Economie et statistique 510/511/512 (2019), pp. 149-164
Persistent link: https://www.econbiz.de/10012304093
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A note on automation, stagnation, and the implications of a robot tax
Gasteiger, Emanuel; Prettner, Klaus - 2017
We analyze the long-run growth effects of automation in the canonical overlapping generations framework. While … automation implies constant returns to capital within this model class (even in the absence of technological progress), we show … that it does not have the potential to lead to positive long-growth. The reason is that automation suppresses wages, which …
Persistent link: https://www.econbiz.de/10011668997
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The macroeconomic consequences of artificial intelligence : a theoretical framework
Huang, Xu; Hu, Yan; Dong, Zhiqiang - 2019
The authors explore the impact of artificial intelligence on the economy by improving the neoclassical production function and the task-based model. Based on the capital accumulation of artificial intelligence and technological progress, they present a theoretical model that explores the effect...
Persistent link: https://www.econbiz.de/10012060689