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automation, capturing the notion that AI will let capital "self-replicate". This typically speeds up growth and lowers the labor …
Persistent link: https://www.econbiz.de/10014421241
total factor and investment-specific productivity measures. Investment-specific productivity measures are reflected by the …
Persistent link: https://www.econbiz.de/10011777748
Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence that many analysts …, leading to a lively debate about the connection between IT and productivity and about the sustainability of the faster growth … acceleration in labor productivity after 1995 was driven largely by the greater use of IT capital goods and by the more rapid …
Persistent link: https://www.econbiz.de/10014113665
total factor and investment-specific productivity measures. Investment-specific productivity measures are reflected by the …
Persistent link: https://www.econbiz.de/10012014429
structural change - final demand, the inter-industry division of labor and inter-industry productivity differences. It first …
Persistent link: https://www.econbiz.de/10010261657
The news-shock literature interprets empirical news-shock identifications as signals about future productivity. Under … this view, changes in productivity cause changes in expectations. I investigate an alternative interpretation whereby … changes in expectations cause changes in productivity. I present a model where firms adopt the technology of a deterministic …
Persistent link: https://www.econbiz.de/10011252972
structural change - final demand, the inter-industry division of labor and inter-industry productivity differences. It first …
Persistent link: https://www.econbiz.de/10005233801
productivity, through externalities or other types of increasing returns related to such process, as it is stated by the new growth …
Persistent link: https://www.econbiz.de/10010551978
investment is capable of generating increases in aggregate productivity through externalities or some other form of increasing …
Persistent link: https://www.econbiz.de/10010552009
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010236437