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In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely affect the employment share of lowskilled labor. We demonstrate that these effects are heavily influenced by the sample composition and argue that focusing on...
Persistent link: https://www.econbiz.de/10012695996
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely aect the employment share of low-skilled labor. We show that these effects hold only, when comparing hardly-robotizing with highly-robotizing sectors and...
Persistent link: https://www.econbiz.de/10012504766
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely affect the employment share of low-skilled labor. We show that these effects hold only, when comparing hardly-robotizing with highly-robotizing sectors and...
Persistent link: https://www.econbiz.de/10012432819
COVID-19 is not just a public health crisis. Its economic fallout is tremendous and still unknown. During and post-COVID, the business will not be as usual. Disaster and recovery management literature provides for ways of working through a crisis including recovery and preparedness. This article...
Persistent link: https://www.econbiz.de/10012831349
Currently, the coronavirus has spread to almost all the countries and isfiercely hurting all the economic giants by distorting demand and supply chains. Incontext of India, COVID-19 is an unprecedented shock. Notably, Indian economywas in a precarious state in the pre-COVID period. This pandemic...
Persistent link: https://www.econbiz.de/10013314513
Currently, the coronavirus has spread to almost all the countries and is fiercely hurting all the economic giants by distorting demand and supply chains. In context of India, COVID-19 is an unprecedented shock. Notably, Indian economy was in a precarious state in the pre-COVID period. This...
Persistent link: https://www.econbiz.de/10013321527
The manufacturing sector has been regarded as a key factor in the history of economic devel-opment and growth. However, economic fluctuations affect manufacturing seriously. This study examines the impact of the 2008 global economic crisis on Turkish manufacturing sector profit-ability. This...
Persistent link: https://www.econbiz.de/10014516196
We investigate the impact of the Golden Quadrilateral (GQ) highway project on the Indian organized manufacturing sector using enterprise data. The GQ project upgraded the quality and width of 5,846 km of roads in India. We use a difference-in-difference estimation strategy to compare non-nodal...
Persistent link: https://www.econbiz.de/10014039865
Using Periodic Labour Force Survey (PLFS) data, after making appropriate adjustments, we estimate that employment in India’s unorganized or informal manufacturing fell by 2.5 to 7.5 per cent in 2020-21, reflecting the impact of COVID-19. In the previous eight years, the average rate of fall in...
Persistent link: https://www.econbiz.de/10014255522
We analyze the link between R&D, innovation, and productivity in MSMEs with a special focus on micro firms with fewer than 10 employees; usually constituting the majority of firms in industrialized economies. Using the German KfW SME panel, we examine to what extent micro firms are different...
Persistent link: https://www.econbiz.de/10011421890