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Since the outbreak of the COVID-19 pandemic, the Chinese government has been focusing its efforts on fostering the digital economy by emphasizing digital technologies such as artificial intelligence, cloud computing, big data and 5G.President Xi Jinping stressed the need to expand artificial...
Persistent link: https://www.econbiz.de/10014078534
related to growth in production factors. Hence, there are opposing forces at work if labor as one factor is growing and the … one labor and one resource using sector and derives conditions for stable positive long run growth in per capita …
Persistent link: https://www.econbiz.de/10009746190
define technology as strongly labor saving if the aggregate production function of the economy exhibits decreasing … differences in the appropriate index of technology and labor. Conversely, technology is strongly labor complementary if the … production function exhibits increasing differences in the technology index and labor. The main result of the paper shows that …
Persistent link: https://www.econbiz.de/10014209516
multinational is constrained by the South government to transfer a certain amount of knowhow Hns and technology xns. It also … benefits from the large pool of cheaper labor, and leads the efforts of innovation in the South. Final goods and intermediate … human capital knowledge must exists, before the local human capital and imported technology become substitutes from being …
Persistent link: https://www.econbiz.de/10005619859
We present a theory of the relation between health and retirement that generates testable predictions regarding the … interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals … (compared to poorer individuals) are more likely to retire for health reasons(affordability proposition), and (ii) that health …
Persistent link: https://www.econbiz.de/10011648295
-gender households. As women have entered the labor market in greater numbers and gender wage differentials have declined, female …
Persistent link: https://www.econbiz.de/10011949006
We investigate two-way causality between health and the hourly wage by employing insights from the human capital and … estimation methods in this investigation. We uncover a causal relationship between two of five measures of health and the wage in … which a reduction in health leads to an increase in the wage rate in a panel of U.S. young adults who had completed their …
Persistent link: https://www.econbiz.de/10011949107
We analyze whether field of study assigned at age 16 impacts mental health in adulthood. Using a regression … discontinuity design that exploits GPA cut-offs, we find that admission to the preferred study field improves mental health …, lowering both the incidence of antidepressant prescriptions and of mental health-related hospitalizations. Engineering …
Persistent link: https://www.econbiz.de/10014447669
child health can provide an important explanation for disparities in children's human capital development across different …-cognitive skills. We analyze data from economic experiments with preschoolers and their mothers to investigate whether child health can … willingness to compete with others. Our findings suggest that health problems arenegatively related to children's willingness to …
Persistent link: https://www.econbiz.de/10009154501
In this paper, equilibrium of the life/medical insurance market is analyzed under conditions where insurers demands that an insurant undergo genetic testing, on the assumption that the Human Genome Project will allow direct insight into the precise manner of operation of individual genes. Also,...
Persistent link: https://www.econbiz.de/10005641358