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develop a methodology to separately account for robots in the total capital stock. Increases in upstream, forward GVC …
Persistent link: https://www.econbiz.de/10013549118
Persistent link: https://www.econbiz.de/10014266948
Persistent link: https://www.econbiz.de/10014566031
greater upstreamness within GVCs and increases in capital intensity. Forward GVC integration is associated with international …
Persistent link: https://www.econbiz.de/10013285571
greater upstreamness within GVCs and increases in capital intensity. Forward GVC integration is associated with international …
Persistent link: https://www.econbiz.de/10013353447
develop a methodology to separately account for robots in the total capital stock. Increases in upstream, forward GVC …
Persistent link: https://www.econbiz.de/10014260701
We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the … diverted to automation that maximizes the long-run growth rate of the economy; (iv) the labor share declines with automation to …
Persistent link: https://www.econbiz.de/10011458839
We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of … automation that maximizes long-run growth; (iv) the labor share declines with automation to an extent that fits to the observed …
Persistent link: https://www.econbiz.de/10011555095
This paper advances the literature on the impacts of new technologies on labour markets, focusing on wage and labour income shares. Using a dataset from 32 countries and 38 industries, we analyse the effects of new technologies - proxied by patents, information and communication technology (ICT)...
Persistent link: https://www.econbiz.de/10014461452
This paper investigates determinants of changes of the labor share in developed countries with a focus on Western Europe. Using a country-industry panel that covers the private sector, the paper focuses on long and short-run changes within industries. The results show a large and time-persistent...
Persistent link: https://www.econbiz.de/10013119030