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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 the sample composition and argue that focusing on...
Persistent link: https://www.econbiz.de/10012695996
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely aect the employment share of low-skilled labor. We show that these effects hold only, when comparing hardly-robotizing with highly-robotizing sectors and...
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 and adversely affect the employment share of low-skilled labor. We show that these effects hold only, when comparing hardly-robotizing with highly-robotizing sectors and...
Persistent link: https://www.econbiz.de/10012432819
training for middle-level occupations. We begin by defining and describing middle-skills occupations, largely in terms of … complementarities. Third, we consider the evidence on the costs and effectiveness of apprenticeship training in several countries. The … final section highlights empirical and policy research results concerning the advantages of apprenticeship training for …
Persistent link: https://www.econbiz.de/10009755595
How and why does the firm size distribution differ across countries? Using two datasets covering more than 30 countries, this paper documents that several features of the firm size distribution are strongly associated with income per capita: the entrepreneurship rate and the fraction of small...
Persistent link: https://www.econbiz.de/10010250019
How and why does the firm size distribution differ across countries? Using two datasets covering more than 30 countries, this paper documents that several features of the firm size distribution are strongly associated with income per capita: the entrepreneurship rate and the fraction of small...
Persistent link: https://www.econbiz.de/10013057902
skilled migration on innovation activities in developing countries. We argue that knowledge acquired by emigrants abroad can … by increasing the size of the innovation sector, thereby allowing diaspora gains to fall on a larger range of workers …
Persistent link: https://www.econbiz.de/10013027139
The main objective of the article is to discuss the direction of changes in the strategies of the most powerful transnational corporations as a result of adjustments to the new challenges created by the growing role of human capital in contemporary international business. Based on the concept of...
Persistent link: https://www.econbiz.de/10012024113
In the conventional neoclassical growth model, technical change is generally characterized as “purely labor-augmenting,” a restriction that limits modern civilization to super-humans living in the Stone Age. As a novel and radical departure from conventional growth theory, the model...
Persistent link: https://www.econbiz.de/10012914009
objective identification of his greatest innovation. This facilitates another key element of the research, the categorization of … contribution incrementally from observation, or deductively, creating his innovation as a consequence of a new idea. These patterns …
Persistent link: https://www.econbiz.de/10014185837