This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of … the traditional production model where technology is represented by a time trend. TFP growth is decomposed into … unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based …

, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which … labor demand, declining labor share in national income, rising inequality and lower productivity growth. The current …

productivity. The effects of automation are counterbalanced by the creation of new tasks in which labor has a comparative advantage …, especially in manufacturing, a weaker reinstatement effect, and slower growth of productivity than in previous decades. …