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substitution is low, then GDP, productivity and wage growth may however still slow down, because the economy will then fail to …, productivity, and GDP. …
Persistent link: https://www.econbiz.de/10012287911
We study the origins of labor productivity growth and its differences across sectors. In our model, sectors employ … a large and increasing contribution to aggregate labor productivity growth. Neither capital accumulation nor the …
Persistent link: https://www.econbiz.de/10012099158
This paper presents general results on the effect of endogenous technical change on relative wages in a simple general equilibrium model that covers several more elaborate models of technology choice. The results are based on a simple and intuitive notion of complementarity between technology...
Persistent link: https://www.econbiz.de/10011892108
different extents. We analyze how governmental activity speeds up convergence thereby considering productivity growth at the …
Persistent link: https://www.econbiz.de/10010273642
Persistent link: https://www.econbiz.de/10013359235
In this paper I investigate the causal relationship between labor market polarization and intergenerational mobility, two of the most important features of advanced labor markets in recent decades. The former relates to the disappearance of middle-wage routine jobs and the rise of both high- and...
Persistent link: https://www.econbiz.de/10012623099
The impact of robots on employment and trade is a highly discussed topic in the academic and public debates. Particularly, there are concerns that automation may threat jobs in emerging countries given the erosion of the labour cost advantage. We provide evidence on the effects of robots on...
Persistent link: https://www.econbiz.de/10012287890
productivity (TFP) growth based on data for 130 countries. It finds that there is a strong correlation between TFP growth and one …
Persistent link: https://www.econbiz.de/10014367302
strength are strongly linked to higher business entry rates. Our results for China contrast with recent findings on the effects …
Persistent link: https://www.econbiz.de/10011400491
It is difficult to estimate the impact of geographic clustering on productivity because of endogeneity issues. I use … between 1750 and 1899. I find that geographic clustering strongly impacts the productivity of the clustering individuals …
Persistent link: https://www.econbiz.de/10010305973