Showing 1 - 10 of 10
The paper surveys the literature on the effects of finance on productivity growth. In both the theoretical and … growth. Clearer positive effects emerge when considering growth channels related to productivity dynamics, with the estimated …
Persistent link: https://www.econbiz.de/10009791192
As the pace of digitalization and automation accelerates globally, and more disruptive innovations in machine learning, artificial intelligence and robotics are expected, new data sources and measurement tools are needed to complement existing valuable statistics and administrative data. This is...
Persistent link: https://www.econbiz.de/10011908122
-wealth ratio, and welfare should be higher in an open economy due to a higher productivity and/or less volatility through risk … ; productivity ; volatility ; consumption-wealth ratio ; growth ; welfare ; size of government …
Persistent link: https://www.econbiz.de/10009692653
Most economists measure labor productivity based on activities conducted at places of work and do not consider leisure … production process: leisure can improve individuals’ labor productivity by affecting their self-development. Using empirical data … from 21 OECD countries, this study finds that leisure time has a dual effect on labor productivity in terms of per capita …
Persistent link: https://www.econbiz.de/10011908154
The Fourth Industrial Revolution (4IR) offers huge potential to transform and realign our economies and societies. There is an increasing realization that the 4IR could also exacerbate problems for people and the planet. The G20 should champion a holistic approach to the 4IR that helps to...
Persistent link: https://www.econbiz.de/10011816702
transition. 3) Provide early market support to promote challenge-based energy innovation. …
Persistent link: https://www.econbiz.de/10012011939
Blockchain technologies hold the key to building an inclusive global digital economy that is auditably secure and transparently accountable to the world’s citizens. At a time when governments must fight to restore the public's faith in cross-border economic cooperation, blockchains can play a...
Persistent link: https://www.econbiz.de/10011691344
This paper focuses on the relationship between technological innovation and international trade. In particular, the … effect of technological achievement on exports is studied. In order to measure technological innovation, the technological … classified into four groups according to their level of technological innovation: Leaders, Potential Leaders, Dynamic Adopters …
Persistent link: https://www.econbiz.de/10003829949
sector investment in R&D and stronger public-private sector linkages than in the EU. Hence, to reduce the "innovation gap … in the European innovation system will also be needed, with focus on areas like private sector R&D and public …
Persistent link: https://www.econbiz.de/10010512534
Tiny changes in the American monetary policy can have dramatic effects on the rest of the world because of its double role of national and international currency. This is what I call the Triffin dilemma, an ever green concept in international finance. In the paper I show how it works through...
Persistent link: https://www.econbiz.de/10003905051