Aldasoro, Iñaki; Gambacorta, Leonardo; Pal, Rozalia; … - 2026
This paper provides new evidence on how the adoption of artificial intelligence (AI) affects productivity and employment in Europe. Using matched EIBIS-ORBIS data on more than 12,000 non-financial firms in the European Union (EU) and United States (US), we instrument the adoption of AI by EU...