values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies total factor productivity (TFP) as the right summary measure of …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …. -- Productivity ; welfare ; reallocation ; technology ; TFP …

direct investment, imports of productivity-enhancing technology - are petering out, and are yet to be substituted. We propose …

substitution is low, then GDP, productivity and wage growth may however still slow down, because the economy will then fail to …, productivity, and GDP. …

paper sheds new light on the labour productivity premium from adopting digital technologies and boosting digital skill use …. The productivity premium is decomposed into a direct effect benefitting the firms actually increasing their digital … intensity, and an indirect effect of belonging to a sector with high digital intensity. The firm-level productivity premium of …

artificial intelligence seem to offer a vast potential to boost productivity and living standards. However, aggregate … productivity growth has declined sharply across the OECD over the past decades. Estonia is no exception, though it is well placed … digital infrastructure and world-leading e-government services. Turning this potential into a productivity boost necessitates …

impact of AI on jobs, inequality, wages, labor productivity and long-run GDP growth are explored. …