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occurred simultaneously, is the reduction of the total factor productivity during the emergence of the computerage - the so … called productivity paradox. This contribution offers a simple unified solution to both of these puzzles and explains the … share of individuals who choose a less productive qualification may lead to a transitory slowdown of the productivity growth …
Persistent link: https://www.econbiz.de/10003470547
occured simultaneously, is the reduction of the total factor productivity during the emergence of the computerage - the so … called productivity paradox. This contribution offers a simple unified solution to both of these puzzles and explains the … share of individuals who choose a less productive qualification may lead to a transitory slowdown of the productivity growth …
Persistent link: https://www.econbiz.de/10010427502
This paper presents a novel stylized fact and analyzes its contribution to the skill bias of technical change in U.S. manufacturing. The share of skilled labor embedded in intermediate inputs correlates strongly with the skill share employed in final production. This finding points towards an...
Persistent link: https://www.econbiz.de/10014222754
, the International Federation of Robotics, EU KLEMS, and COMTRADE, we study the causal effect of industrial automation on … income inequality in the U.S. during 2010–2015. We exploit spatial and time variations in exposure to robots arising from … for top income fractiles. Therefore, industrial automation fuels income inequality and, particularly, top income …
Persistent link: https://www.econbiz.de/10014466644
Since 1980, there has been a steady increase in earnings inequality alongside rapid technological growth in the U.S. economy. To what extent does technological change explain the observed increase in earnings dispersion? How does it affect the optimal progressivity of the tax system? To answer...
Persistent link: https://www.econbiz.de/10013548732
Persistent link: https://www.econbiz.de/10011973922
Persistent link: https://www.econbiz.de/10014574622
Policy-makers have become increasingly aware that corporate R&D and innovation are the main drivers of an economy's competitiveness and growth. The widespread adoption of R&D targets has led researchers and analysts to pursue a deeper understanding of corporate R&D investment trends, drivers and...
Persistent link: https://www.econbiz.de/10011980250
Governments purchase everything from airplanes to zucchini. This paper investigates whether the technological intensity of government demand affects corporate R&Dactivities. In a quality-ladder model of endogenous growth, we show that an increase in the share of government purchases in high-tech...
Persistent link: https://www.econbiz.de/10010312075
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