Automation affects workers because it affects the return to their skills when performing different tasks. I propose a general equilibrium model of occupational choice and technological change which takes two important labor market features into account: (i) automation happens to tasks and (ii)...

We develop a dynamic general equilibrium model to quantify the interaction between climate policy, industry dynamics, and the elasticity of substitution between clean and dirty energy in the economy. The model incorporates empirical observations that firms differ substantially in their potential...

Since 1980, there has been a steady increase in earnings inequality alongside rapid technological growth in the U.S. economy. To what extent does technological change explain the observed increase in earnings dispersion? How does it affect the optimal progressivity of the tax system? To answer...

[Synopsis and motivation] In recent decades, most OECD countries have seen a significant decline in the labour share, as well as an increase in inequality. The decline in the labour share and the rise in inequality poses several problems for such countries, whether related to distributive...

This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced outside the production process as a financial capital or credit as per the classical Ricardian wage fund framework. Stock of credit or financial capital as past savings, finances...

The aim of the research is to determine the impact of financial technology (FinTech) on financial development in EU countries. The multi-dimensional nature of the concepts described above and the low availability of data for regions smaller than countries makes it difficult to investigate the...

The United Nations Sustainable Development Goals (UNSDGs) elaborately promote "sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all" (Goal 8: SDGs). Considering that there has not been any cross-country comparison of the role of...

Does the long-term economic stress of occupational decline cause health problems, or even death? This paper explores this question using Swedish administrative data, and a measure of occupational decline obtained from detailed US data on employment changes over almost 30 years. I investigate...

The labor share has been declining in the United States, and especially so in manufacturing. This paper investigates the role of capital accumulation and market power in explaining this decline. I first estimate the production function of 21 manufacturing sectors along time series and including...

It has long been recognized that patent rights are in tension with human rights. The Universal Declaration of Human Right posits that scientific creators are entitled to the protection of the interests resulting from their scientific production. At the same time, it recognizes the right of...

Due to the innovative nature of green-technology products (e.g., electric vehicles and solar panels), customers are usually a priori uncertain about their purchasing benefits and typically consult user experiences via online product reviews and word-of-mouth communications. Despite the critical...

Major developments in technology with geopolitical implications since the updating of the North American Free Trade Agreement (NAFTA) through the US-Canada-Mexico Agreement (USMCA) put the agreement in a new context, magnifying the significance of provisions on governance of the digital economy,...

Autonomous systems have been a key segment of disruptive technologies for which data are constantly collected, processed, and shared to enable their operations. The internet of things facilitates the storage and transmission of data and data sharing is vital to power their development. However,...

This study explored whether globalisation and technology are harmful to health for a global panel dataset of 52 countries for the period of 1990–2019. The study focused on four continents: Africa, the Americas, Asia/Oceania, and Europe. We used four advanced econometric methodologies, which...

Artificial intelligence (AI) has rapidly emerged as a transformative technology with the potential to revolutionize numerous industries and applications. While government organizations actively support the AI innovation ecosystem through funding and policy making, their active and direct...

The literature has long emphasized that ICT returns are boosted by ICT complements. especially for disruptive and transformational technologies, such as digital technologies. We estimate returns associated with a broad family of digital technologies, and zoom at two types of complements:...

The composite system coupling model is introduced to analyze the mechanism of the composite system on the coupling target. Taking China's equipment manufacturing industry as the research objective, the composite system coupling model is constructed. On the basis of calculating the three target...

The purpose of this study is to determine the impact of digital use by the government in order to serve the community when facing the Covid-19 pandemic and preparation for the Socialization era, which is an innovation that needs to be accelerated, so as to provide the best service, the method...

This paper takes the spectrum approach to identify possible industrial and enterprise insolvency and goes on to conduct a composite analysis of both the potential industry insolvency spectrum and enterprise insolvency spectrum. Recently, the proportion of industries and enterprises showing signs...

Between 1900 and 1930 typhoid fever and other waterborne diseases were largely eradicated from U.S. cities. This achievement required a mix of technological, scientific, economic, and bureaucratic innovations. This article examines how the interaction of those forces influenced water and...

We consider two modes of organizing a firm and we compare them with regard tosocial welfare. In the Centralized mode, worker-control techniques, together with adequate compensation, insure that the worker chooses a welfare-maximizing effort. In the Decentralized mode the worker is not...

This study examines the effects of accelerated patent examination for fourth industrial revolution (4IR) technologies. I analyze the impact of accelerated examination of 4IR patents on the patent examination period and the patent grant rate in South Korea. I discovered that 4IR patent...

This paper analyzes the economic effects of TBT under the existence of technological asymmetry between countries. It first defines TBTs and shows the current status and evolution of TBTs using descriptive measures. In addition, the paper also compares the technology levels of Korea to those of...

We explore the limitations of the adaptationist view of evolution and propose an alternative. While gradual adaptation can explain some biological and economic diversity, it cannot account for radical innovation (especially during the past 10,000 years). We argue that ubiquitously available but...

The burgeoning growth of the digital economy has increasingly prominent implications for enterprises. Utilizing the principal component analysis method, this study derives a comprehensive index of urban digital economy development, which is then matched with data pertaining to A-share listed...

Technological and behavioral inertia are main features of the energy transition process which need be assessed to avoid the worst climate change scenarios. Innovative dynamics are characterized by localized learning processes along development paths linked to the prevailing scarcity signals. In...

This paper examines the labor market adjustments to four automation technologies (i.e. robots, communication technology, information technology, and software/database) in 227 regions across 22 European countries from 1995 to 2017. By constructing a measure of technology penetration, we estimate...

Digital transformation is a driver of economic growth by improving labour productivity, increasing competitiveness and exploiting the potential of e-commerce. Digital revolution is “a game changer” as it reshapes the way production, distribution and consumption are organised within firms and...

International economic competition has led to the increasing adoption of labor-replacing technology. What are the consequences of this development for the political influence of organized labor? I posit that robots make (skilled) workers more productive, increasing the opportunity cost of...

We provide evidence of how technological progress affects greenhouse gas emissions. Using a dynamic difference-in-differences design, we show that producers in Brazilian localities with high suitability for genetically engineered seeds increase crop output by substituting away from...

This paper provides a direct understanding of the twin transition from the innovative activity domain. It starts with a technological mapping of the technological innovations characterised by both climate change mitigation/adaptation (green) and labour-saving attributes. To accomplish the task,...