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The present technological revolution, characterized by the pervasive and growing presence of robots, automation, Artificial Intelligence and machine learning, is going to transform societies and economic systems. However, this is not the first technological revolution humankind has been facing,...
Persistent link: https://www.econbiz.de/10012149222
The present technological revolution, characterized by the pervasive and growing presence of robots, automation, Artificial Intelligence and machine learning, is going to transform societies and economic systems. However, this is not the first technological revolution humankind has been facing,...
Persistent link: https://www.econbiz.de/10012116763
discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …
Persistent link: https://www.econbiz.de/10011730583
Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth … welfare state, as well as through offshoring and reduced fixed capital investment of the corporate sector. The outcome was …
Persistent link: https://www.econbiz.de/10011772201
For a large sample of enterprises in Germany, Austria and Switzerland (the "DACH" region) we study the impact of policy instruments such as energy-related taxes, subsidies, standards and negotiated agreements, or other regulations on the firm's ecological and economic performance. To identify...
Persistent link: https://www.econbiz.de/10011742717
We show that, in a model without commitment to future policies, geoengineering breakthroughs can have adverse environmental and welfare effects because they change the (equilibrium) carbon taxes. In our model, energy producers emit carbon, which creates a negative environmental externality, and...
Persistent link: https://www.econbiz.de/10011820231
research is needed to elaborate the design of systems of public procurement of AI innovation and for appropriately adjusting … the legal frameworks underpinning high-tech innovation, in particular dealing with patents created by AI. …
Persistent link: https://www.econbiz.de/10011895813
This paper explores the effect of different regional technological profiles on the resilience of regional economies to exogenous shocks. It presents an empirical examination of the determinants of resilience through panel analyses of UK NUTS III level data for the 2004-2012 period. The results...
Persistent link: https://www.econbiz.de/10011919527
Rapid technological progress in artificial intelligence (AI) has been predicted to lead to mass unemployment, rising inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i) surveying the recent literature and (ii)...
Persistent link: https://www.econbiz.de/10011951702
investment in research and development and the growth rate of theeconomy. …
Persistent link: https://www.econbiz.de/10011317468