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rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
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A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined …
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from country industry variation in the adoption of robots. Our model also implies that the productivity implications of … aging are ambiguous when technology responds to demographic change, but we should expect productivity to increase and labor …
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Science, innovation, knowledge and digital technologies have played a fundamental role in the growth potential, social inclusion and environmental sustainability of countries in recent decades, and have become even more important in the context of the crisis caused by the coronavirus disease...
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In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … and adversely affect the employment share of lowskilled labor. We demonstrate that these effects are heavily influenced by … industries leads to a sizable drop of the productivity effects, halving the effect size for labor productivity and insignificant …
Persistent link: https://www.econbiz.de/10012803057