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Over the last decades, productivity in the tradable sector rose substantially, while in the non-tradable sector, output … duality in higher education as well as heterogeneous ability of individuals can explain the differences in labor productivity … can explain that despite an increase in human capital in both sectors, there is still a gap in productivity. In other …
Persistent link: https://www.econbiz.de/10011747854
We study the impact of techies-engineers and other technically trained workers-on firm-level productivity. We first …-neutral productivity in both manufacturing and non-manufacturing industries. We find that techies raise firm-level productivity, and this … of techies on productivity operates mostly through ICT and other techies, not R&D workers. Engineers have a greater …
Persistent link: https://www.econbiz.de/10014288151
Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of … longitudinal earnings records for their employees to study the relationship between productivity, management, worker ability, and … and firm-level productivity in Germany. In our preferred TFP estimates only a small fraction of this correlation is …
Persistent link: https://www.econbiz.de/10011458600
higher productivity and growth. In light of the importance of skills for fostering labour productivity, this paper examines …
Persistent link: https://www.econbiz.de/10012203203
paper sheds new light on the labour productivity premium from adopting digital technologies and boosting digital skill use …. The productivity premium is decomposed into a direct effect benefitting the firms actually increasing their digital … intensity, and an indirect effect of belonging to a sector with high digital intensity. The firm-level productivity premium of …
Persistent link: https://www.econbiz.de/10012421213
artificial intelligence seem to offer a vast potential to boost productivity and living standards. However, aggregate … productivity growth has declined sharply across the OECD over the past decades. Estonia is no exception, though it is well placed … digital infrastructure and world-leading e-government services. Turning this potential into a productivity boost necessitates …
Persistent link: https://www.econbiz.de/10012421214
. In a labor market characterised by large dispersion of workers' productivity and worker-firm complementarity, high …, and is associated with higher average productivity and firm profits, but also with higher wage dispersion. We also show …
Persistent link: https://www.econbiz.de/10012194409
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
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014529725
We provide new empirical evidence on the link between age and productivity using a transitional context. Building on a … - in line with the model - the within firm productivity differential between older and younger workers following the … transition was largest among the highly skilled (-0.13 in 1996-2000). The fall in relative productivity followed the inflow of …
Persistent link: https://www.econbiz.de/10010494726