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This Paper analyses the welfare benefits from falling relative prices of IT (Information Technology) goods across a wide range of countries. Using two separate methodologies and datasets, we find that welfare benefits mainly accrue to users of IT, not their producers, because of falling relative...
Persistent link: https://www.econbiz.de/10005124148
IT are more productive, and if heavier users of IT are indeed more productive, how does this increase in productivity …
Persistent link: https://www.econbiz.de/10005124149
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US “productivity miracle” is due to a … abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …
Persistent link: https://www.econbiz.de/10005114281
panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …
Persistent link: https://www.econbiz.de/10011196027
job creation in the US, is its slower productivity growth. This paper begins with data showing that US productivity growth … has been essentially zero since 1973 outside of manufacturing. In contrast, productivity growth in US manufacturing has …
Persistent link: https://www.econbiz.de/10005281397
This paper uses establishment level data from the British Workplace Industrial Relations Survey (WIRS) to examine the effects of new technology on pay. The wage differential associated with new technology is about 5-7% and is (i) robust to corrections for skill, workplace disamenities, and...
Persistent link: https://www.econbiz.de/10005067373
looking at adjustment mechanisms that operate through labour markets. We show that under a wide set of circumstances the … adjustment path is more likely when inexperienced workers are less productive with the new technology and the faster productivity …
Persistent link: https://www.econbiz.de/10005789215
In this paper, we use 1991-2005 panel data on the unemployed, vacancies, inflow into unemployment, and outflow from unemployment in five former communist economies and in the western part of Germany (a benchmark western economy) to examine the evolution of unemployment together with that of...
Persistent link: https://www.econbiz.de/10005656270
Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market economy. We use data from the Czech Republic because it...
Persistent link: https://www.econbiz.de/10005666520
in Britain between 1889-90 using data from the US Commissioner of Labour survey conducted at that time. The determinants …
Persistent link: https://www.econbiz.de/10005788943