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The Agricultural Productivity Gap (APG) - the ratio of the average labor productivity in non-agriculture to that in …
Persistent link: https://www.econbiz.de/10012181758
We analyse how changes in international trade integration affect productivity and the functional income distribution … integration increases productivity. Second, we show that international trade integration is associated with higher labour shares …
Persistent link: https://www.econbiz.de/10014246661
We analyze how changes in international trade integration affect productivity and the functional income distribution … trade integration increases productivity. Moreover, we show that both trade in intermediate inputs and trade in value added … in value added on the labor share of income. Further, we show that the effects on productivity and labor share are …
Persistent link: https://www.econbiz.de/10014444832
most prominent explanatory variables in the literature: the capital-output ratio, total factor productivity and trade …
Persistent link: https://www.econbiz.de/10003961521
Countries subject to the same degree of exposure to globalization may experience very different levels of economic insecurity depending on social support or employment protections provided by the state or even due to insurance obtained by households. We identify five varieties of industrialized...
Persistent link: https://www.econbiz.de/10013141331
We study the effect of the upsurge of natural resources income from the commodity price boom of the 2000s on the functional distribution of income. To do so, we build a general equilibrium model of Dutch disease that characterizes how natural resource windfalls affect equilibrium factor shares....
Persistent link: https://www.econbiz.de/10012596218
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … variables reestablishes the productivity effects, but still rejects positive wage effects and skill-biased technological change …
Persistent link: https://www.econbiz.de/10012504766
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … workforce variables reestablishes the productivity effects, but still rejects positive wage effects and skill …
Persistent link: https://www.econbiz.de/10012432819
As the pace of digitalization and automation accelerates globally, and more disruptive innovations in machine learning, artificial intelligence and robotics are expected, new data sources and measurement tools are needed to complement existing valuable statistics and administrative data. This is...
Persistent link: https://www.econbiz.de/10011908122
The effects of technological change on wage inequality are usually studied under the assumption of exogenous supplies of skilled and unskilled workers. Moreover, in these studies there is no distinction between the stock (number of workers) and the flow (hours of work) dimension of labour...
Persistent link: https://www.econbiz.de/10014068234