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function (IPF) and propose three models relating innovation, AI and population: AI as a research-augmenting technology; AI as … researcher scale enhancing technology; and AI as a facilitator of innovation. We show, performing model simulations calibrated on …
Persistent link: https://www.econbiz.de/10014533949
emphasizes a positive correlation between firm-level innovation and productivity gains. It is unsurprising, then, that policy … makers and researchers widely acknowledge that innovation is one of the major drivers of productivity growth, and is …Improvements in productivity are necessary to effectively increase economic growth in the long term. The literature …
Persistent link: https://www.econbiz.de/10011811948
-level research and development (R&D) investment in Chile on firm productivity. Because the two programs target different kinds of … projects - the National Productivity and Technological Development Fund (FONTEC) subsidizes intramural R&D, while the Science … have had a positive impact on participants' productivity, only FONDEF-funded projects have generated positive spillovers on …
Persistent link: https://www.econbiz.de/10011992333
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inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i …) surveying the recent literature and (ii) incorporating AI-facilitated automation into a product variety-model, frequently used … aggregate demand. A second is that the predictions of AI causing massive job losses and faster growth in productivity and GDP …
Persistent link: https://www.econbiz.de/10011951702
stock through firm-sponsored training might lead to more innovation. We test this hypothesis using detailed data on firms …' human capital investments and innovation performance, the Canadian longitudinal linked employer-employee data from 1999 …-2006. Our results, with workplace fixed-effects and allowing for time-varying productivity shocks, demonstrate that more …
Persistent link: https://www.econbiz.de/10010409776
direct investment, imports of productivity-enhancing technology - are petering out, and are yet to be substituted. We propose … a new growth model centred around a shift towards more home-grown innovation, digitalisation, climate change mitigation …
Persistent link: https://www.econbiz.de/10012433894
digitalisation is likely to boost future productivity gains from digitalisation. Digitalisation has spurred greater automation, with … the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent …, aggregate productivity growth has decreased in most advanced economies since the 1970s. However, it is likely that without the …
Persistent link: https://www.econbiz.de/10012626753
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