Showing 1 - 10 of 235,920
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … industries leads to a sizable drop of the productivity effects, halving the effect size for labor productivity and insignificant … controlling for demographic workforce characteristics is essential for obtaining significant labor productivity effects and leads …
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 … workforce variables reestablishes the productivity effects, but still rejects positive wage effects and skill …
Persistent link: https://www.econbiz.de/10012432819
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
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 40 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10012622533
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 50 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10013183835
find that labour productivity is negatively associated with changes in GHG-emission intensities. Furthermore, higher …-emission intensities. Consequently, policies that promote productivity growth and financial incentives to decrease emissions lead to lower …
Persistent link: https://www.econbiz.de/10014319269
As the ongoing process of global warming goes along with changes in both mean precipitation and precipitation extremes, the scientific interest in the effects of rainfall on economic prosperity has recently grown significantly. However, the few existing empirical studies of short-run growth...
Persistent link: https://www.econbiz.de/10011906275
We estimate the impacts of climate on economic growth using Gross Regional Product (GRP) for more than 1,500 regions in 77 countries. In temperate and tropical climates, annual temperature shocks reduce GRP whereas they increase GRP in cold climates. With respect to long-term climate conditions,...
Persistent link: https://www.econbiz.de/10011844545
Already today, at about 1°C of global warming, we observe a regional intensification of extreme weather events. While the short-term economic impacts of these events are well documented, little is known about their impacts on economic growth in the long-term. Using a three-way fixed-effects...
Persistent link: https://www.econbiz.de/10012834894
The identification of the effects of climate shocks on economic growth is central to design effective policies aiming at managing the future global climate change challenge. In this study, we investigate the effects of temperature and precipitation shocks on economic growth across different...
Persistent link: https://www.econbiz.de/10014264956