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call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are … specific external economic factors. Furthermore, the technology shifters allow for non-neutral and biased shifts in TC. We also …
Persistent link: https://www.econbiz.de/10009425734
Continuous specialisation of a nation, conducted by the dynamic comparative advantage, is not only the effect of free market forces accompanied by commercial openness, as it depends on many other factors, among which technological progress is essential. In this study, we try to analyse the...
Persistent link: https://www.econbiz.de/10010529095
the traditional production model where technology is represented by a time trend. TFP growth is decomposed into … unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based … exogenous growth factors are used in modeling four technology shifter indices to explore development infrastructure, finances …
Persistent link: https://www.econbiz.de/10011595871
the traditional production model where technology is represented by a time trend. TFP growth is decomposed into … unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based … exogenous growth factors are used in modeling four technology shifter indices to explore development infrastructure, finances …
Persistent link: https://www.econbiz.de/10012098960
inestigates the sources of productivity fluctuations that are commonly interpreted s technology shocks. I estimate different types … of technology shocks from structural vector autoregressions and reassess the empirical performance of the standard model … based on second moments that are conditional on technology and nontechnology (preference) shocks. Most prominently, the …
Persistent link: https://www.econbiz.de/10011756844
in labour intensity in low technology enterprises. The technological investments have a positive impact on labour …The goal of this paper is to investigate the impact of technology investments on production efficiency in manufacturing … companies and how different these relationships are for low-technology and high-technology companies. The empirical part was …
Persistent link: https://www.econbiz.de/10012505608
rigorously shown that both types of technology positively affect firms and industries in South Korea. How is this technological … considerably. The results indicate that in general the size of firms is rather neutral to the influence of technology and all other …
Persistent link: https://www.econbiz.de/10010469153
In "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," Acemoglu …
Persistent link: https://www.econbiz.de/10012517812
technology, (iii) weaknesses in the education system, and (iv) entrepreneurial stagnation. Implications for policy are noted. Our …
Persistent link: https://www.econbiz.de/10012440279
demand and slow down GDP growth, even in the face of the positive technology shock that AI entails. If the elasticity of …
Persistent link: https://www.econbiz.de/10012262282