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Emissions and growth : trends and cycles in a globalized world

Cohen, Gail; Jalles, João Tovar; Loungani, Prakash; … - 2017

Recent discussions of the extent of decoupling between greenhouse gas (GHG) emissions and real gross domestic product (GDP) provide mixed evidence and have generated much debate. We show that to get a clear picture of decoupling it is important to distinguish cycles from trends: there is an...

Persistent link: https://www.econbiz.de/10011799677

Tracing productivity growth channels in the UK

Garcia-Macia, Daniel; Korosteleva, Julia - 2021

traces the sources of TFP growth in the UK over the last two decades through the lens of a structural model of innovation …, using registry data on the universe of firms. The dominant innovation source in the pre-GFC decade were improvements by … recovery, survey data suggests that creative destruction (i.e., innovation replacing other firms' products) is expected to gain …

Persistent link: https://www.econbiz.de/10012795165

Technological progress, artificial intelligence, and inclusive growth

Korinek, Anton; Schindler, Martin; Stiglitz, Joseph E. - 2021

Advances in artificial intelligence and automation have the potential to be labor-saving and to increase inequality and poverty around the globe. They also give rise to winner-takes-all dynamics that advantage highly skilled individuals and countries that are at the forefront of technological...

Persistent link: https://www.econbiz.de/10012612326

Institutions, innovations, and Growth

Xu, Chenggang - 1999

The fundamental importance of economic institutions for economic growth through their impact on technological change has been argued, reconfirmed by recent empirical studies, but not examined theoretically. This paper tries to fill that gap. In the model proposed, economic growth is affected by...

Persistent link: https://www.econbiz.de/10014403467

Effects of Globalizationon Labor's Share in National Income

Guscina, Anastasia - 2006

The past two decades have seen a decline in labor''s share of national income in several industrial countries. This paper analyzes the role of three factors in explaining movements in labor''s share--factor-biased technological progress, openness to trade, and changes in employment...

Persistent link: https://www.econbiz.de/10014400148

Will the AI revolution cause a great divergence?

Alonso, Cristian; Berg, Andrew; Kothari, Siddharth; … - 2020

This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes...

Persistent link: https://www.econbiz.de/10012302048

The macroeconomic impacts of digitalization in Sub-Saharan Africa : evidence from submarine cables

Simione, Félix F.; Li, Yiruo - 2021

Persistent link: https://www.econbiz.de/10012605015

Decoupling of emissions and GDP : evidence from aggregate and provincial Chinese data

Cohen, Gail; Jalles, João Tovar; Loungani, Prakash; … - 2018

production-based emissions, providing mild evidence consistent with the 'pollution haven' hypothesis. The Kuznets elasticity is …

Persistent link: https://www.econbiz.de/10011848267

The leap of the tiger : how Malaysia can escape the middle-income trap

Chérif, Réda; Hasanov, Fuad - 2015

Only a few European economies and Korea and Taiwan Province of China reached high-income status during 1970-2010. Malaysia’s real income per capita increased to 26 percent of the U.S. level in 2010 from 20 percent in 1970. Despite relatively strong growth and a substantial improvement in...

Persistent link: https://www.econbiz.de/10011374753

Harnessing digital technologies to promote SMEs and inclusive growth in the MENAP region

Lukonga, Inutu - 2020

Policy makers in the MENAP region have been formulating policies and designing programs to develop small and medium sized enterprises (SMEs) with a view to create jobs and achieve inclusive growth. But while the programs have helped increase the number of enterprises, growth of SMEs continues to...

Persistent link: https://www.econbiz.de/10012300586