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). We argue that the factors behind the pre-crisis growth model of the region - skilled yet affordable labour force, foreign … direct investment, imports of productivity-enhancing technology - are petering out, and are yet to be substituted. We propose … and a strong focus on skills, labour and social inclusion to leave the middle income trap behind for good and to boost …
Persistent link: https://www.econbiz.de/10012433894
The fourth issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards … contains five articles. Topics covered are: recent productivity developments in the United States and Canada and implications … for the Canada-U.S. productivity and income gaps; the importance of skills for innovation and productivity; the diffusion …
Persistent link: https://www.econbiz.de/10005650247
Recent evidence suggests that recessions play a crucial role in promoting automation and the reallocation of productive resources. Consistent with this, I show that in the three previous Canadian recessions, routine jobs were disproportionately lost. COVID-19 is likely to have a similar impact,...
Persistent link: https://www.econbiz.de/10012285610
. Putting Argentina on a path to stronger, inclusive and job-rich growth requires boosting productivity and strengthening … investment through wide-ranging structural reforms. Areas that require reforms include the regulation of product and labour … adjustment. In this context, improving active labour market policies and training can support workers in acquiring new skills and …
Persistent link: https://www.econbiz.de/10011823732
This report develops a set of indicators of innovation in a number of the natural resource industries in Canada. It then uses these indicators to assess trends in innovation over time in these industries. The innovative performance of Canadian natural resource industries is also compared with...
Persistent link: https://www.econbiz.de/10005481841
This study quantifies the impact of process and product innovation on employment growth in Bolivia by using microdata from a survey on innovation conducted in Bolivia in 2016. Following the model of Harrison, Jaumandreu, Mairesse, and Peters (2008) and the adaptations for Latin America of Crespi...
Persistent link: https://www.econbiz.de/10012670262
robust advancements in labor productivity. Next, the primary drivers of labor productivity growth and convergence across many … economies were driven by total factor productivity, labor quality, and digital transformation. Lastly, digital transformation … not only directly contributed to the augmentation of labor productivity, as quantified through growth accounting …
Persistent link: https://www.econbiz.de/10014339316
production functions, capital-skill complementarity (CSC), skill-unskilled labour complementarity (CNC), and skill …
Persistent link: https://www.econbiz.de/10014202819
This paper analyzes the gradual shift in the technological paradigm of an economy as it approaches the world technology frontier. The model developed in this paper consists of firms which employ skilled workers as an important input in technological advancement, but the novel feature here is the...
Persistent link: https://www.econbiz.de/10014057383
Can artificial intelligence (AI) uncover new ideas? As machines are learning fast and becoming increasingly intelligent, can AI not only automate the production function of goods and services, but also of ideas? Economic growth arises from people creating ideas, and thus an affirmative answer to...
Persistent link: https://www.econbiz.de/10013405278