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Over the coming century, computer technology is likely to become capable of reproducing a large portion of the tasks performed by human labor. This paper develops a model of the aggregate economic growth that results when work tasks are transferred from humans to physical capital. The model...
Persistent link: https://www.econbiz.de/10014062624
The paper analyzes the contemporary organizational restructuring of production and work within firms. We emphasize the shift from a "Tayloristic" organization of work (characterized by significant specialization by tasks) to a "holistic" organization (featuring job rotation, integration of tasks...
Persistent link: https://www.econbiz.de/10011294704
Recent pre-crisis growth accounting exercises attribute strong productivity growth toincreased investments in …-EU productivity gapare confirmed for Germany, particularly showing no substantially economy-wide effectsfrom ICT for German sectors …
Persistent link: https://www.econbiz.de/10010312069
accessibility is steadily growing. This study explores the impact of e-commerce on company productivity by considering both formal … significantly increase productivity, particularly in firms within the informal sector. However, this finding highlights the … companies, increasing productivity, and protecting jobs. …
Persistent link: https://www.econbiz.de/10014501134
We study the impact of techies--engineers and other technically trained workers--on firm-level productivity. We first … structural econometric methods, we estimate the causal effect of techies on firm-level Hicks-neutral productivity in both … manufacturing and non-manufacturing industries. We find that techies raise firm-level productivity, and this effect goes beyond the …
Persistent link: https://www.econbiz.de/10014322729
. Our findings suggest that the productivity gains from investments in the three innovative activities are related to firm … size. -- Organizational change ; ICT investment ; skills ; human capital ; productivity ; complementarity ; SMEs …
Persistent link: https://www.econbiz.de/10003092322
New enabling technologies are shaping the transformation of production activities. This process of change is characterised by growing digitization, inter-connectivity and automation. The diffusion of new technologies is, however, very uneven, and firms display different adoption behaviours. By...
Persistent link: https://www.econbiz.de/10012436317
This paper provides theoretical foundations to the contemporaneous increase in computer usage, human capital and multi-tasking observed in many OECD countries during the 1990s. The links between work organization, technology and human capital is modelled by establishing theconditions under which...
Persistent link: https://www.econbiz.de/10014050338
for monetary policy, such as output, productivity, investment, employment and prices. This paper takes stock of … through a number of channels, including productivity, employment, competition and prices; (iii) digitalisation raises … productivity and lowers prices, similarly to other supply/technology shocks; (iv) this has implications for monetary policy and its …
Persistent link: https://www.econbiz.de/10012254362
It is a triumph of technology and of economics that our computer chips are so universal. Countless applications are only possible because of the staggering variety of calculations that modern chips can compute. But, this was not always the case. Computers used to be specialized, doing only...
Persistent link: https://www.econbiz.de/10012897333