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processes and development sustain product innovation and foster economic growth and the integration of automation and focus on … processes and development sustain product innovation and foster economic growth and the integration of automation and focus on …
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This book explores the macroeconomic significance of the cloud of technological spillovers surrounding advanced industrial production: How do innovations contribute to economic growth? What policies can help maximize the economic potential of innovation?
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-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However …
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We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the … diverted to automation that maximizes the long-run growth rate of the economy; (iv) the labor share declines with automation to …
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We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of … automation that maximizes long-run growth; (iv) the labor share declines with automation to an extent that fits to the observed …
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