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Moore's Law. Smaller and lighter electronics have increased productivity in virtually every industry and spurred the … incorporates physical constraints on firms' production sets. This model allows for new types of productivity spillovers that are … driven by products' physical characteristics. Not only are there spillovers from changes in industry productivity, but also …
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behavior and aggregate fluctuations. We document that firm-level sales and productivity are hit by heavy-tailed shocks and …
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This empirical analysis explores the impact of industrial robots on labour productivity using panel data of 17 Chinese … productivity; a series of robustness tests validate this outcome. However, the impact of industrial robots on labour productivity … effect on labour productivity was more significant. Our findings indicate the possibility of diminishing marginal effect of …
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In this paper we build a model of occupational choice with informal production and progressive income taxation. We calibrate the model to the Brazilian economy to evaluate the impact of removing financial frictions on informality. We find that financial deepening leads to a drop in the size of...
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