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specifications, and changes to the measurement of the stock of robots. …
Persistent link: https://www.econbiz.de/10011639365
, to more intensive use and development of robots. Using US data, we document that robots substitute for middle … older to middle-aged workers — is associated with greater adoption of robots and other automation technologies across … from country industry variation in the adoption of robots. Our model also implies that the productivity implications of …
Persistent link: https://www.econbiz.de/10011820230
specifications, and changes to the measurement of the stock of robots. …
Persistent link: https://www.econbiz.de/10011639408
In the article the authors attempted to develop the neoclassical model of economic growth, repealing two assumptions regarding the Solow growth model. First of all, the authors assume that the growth path of the number of employees is increasing asymptotically to a fixed value, not to infinity...
Persistent link: https://www.econbiz.de/10012176006
In the article the authors attempted to develop the neoclassical model of economic growth, repealing two assumptions regarding the Solow growth model. First of all, the authors assume that the growth path of the number of employees is increasing asymptotically to a fixed value, not to infinity...
Persistent link: https://www.econbiz.de/10015401452
Long-term economic growth models for the world countries (1970–2012) are presented in the article. The dynamics of the ratio of GDP to the size of age-group 15–64 is used as a dependent variable. The study shows that the influence of migration and demographic indicators upon economic growth...
Persistent link: https://www.econbiz.de/10010841047
Persistent link: https://www.econbiz.de/10011959513
In recent decades, most industrialized countries experienced declining population growth rates caused by declining fertility and associated with rising life expectancy. We analyze the effect of continuing demographic change on medium- and long-run economic growth by setting forth an R&D-based...
Persistent link: https://www.econbiz.de/10010311685
Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will...
Persistent link: https://www.econbiz.de/10010264296
Unlike physical capital, human capital has both embodied and disembodied dimensions. It can be perceived of as skill and acquired knowledge, but also as knowledge spillover effects between overlapping generations and across different skill groups within and across countries. We illustrate the...
Persistent link: https://www.econbiz.de/10012207803