knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …

This paper estimates the average effect of regulatory intensity and administrative redtape on productivity and … intensity on regional innovation and productivity. This negative effect of regional regulation is not only statistically … significant but also of large economic importance and can explain the absence of productivity growth of Spain in the last decades …

, and (iii) productivity and growth, relative to the contributions of the entrepreneurs' counterparts, i.e. the 'control … very important - but specific - function in the economy. They engender relatively much employment creation, productivity …

, and (iii) productivity and growth, relative to the contributions of the entrepreneurs' counterparts, i.e. the 'control … very important - but specific - function in the economy. They engender relatively much employment creation, productivity …

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 …