Small and vulnerable: SME productivity in the great productivity slowdown

S Chen, D Lee - Journal of Financial Economics, 2023 - Elsevier
We show that the TFP growth of European micro, small, and medium-sized firms (SMEs)
diverged from large firms after the global financial crisis. The average postcrisis TFP growth …

AI and the Opportunity for Shared Prosperity: Lessons from the History of Technology and the Economy

G Ben-Ishai, J Dean, J Manyika, R Porat… - arxiv preprint arxiv …, 2024 - arxiv.org
Recent progress in artificial intelligence (AI) marks a pivotal moment in human history. It
presents the opportunity for machines to learn, adapt, and perform tasks that have the …

Uneven Firm Growth in a Globalized World

X Sui - Available at SSRN 4208473, 2024 - papers.ssrn.com
I develop a two-country endogenous growth model with strategic innovation in domestic and
international markets to study how globalization affects uneven firm growth and its …

Competing for Inventors: Market Concentration and the Misallocation of Innovative Talent

A Manera - Available at SSRN 4212815, 2022 - papers.ssrn.com
The rapid productivity gains achieved by technological innovations in the 20th century have
slowed in recent decades. This has come at a time of increased market concentration. In this …

Medical Research as a Productivity Indicator

MM Durvasula, S Eyuboglu, DM Ritzwoller - arxiv preprint arxiv …, 2024 - arxiv.org
Across fields, the quantity of research has increased substantially, without an attendant
increase in output. We argue that, in medicine, this indicator of declining productivity reflects …

Industrial Robots, Factor Market Distortion, and Productivity

S Chen, D Duan, H Wang - Managerial and Decision …, 2024 - Wiley Online Library
We find that robot adoption significantly increases firm‐level TFP, but factor market distortion
hinders the promotion effect of robot adoption on firm‐level TFP. Mechanism analysis …

Miracle or Myth? Assessing the macroeconomic productivity gains from Artificial Intelligence

F Filippucci, P Gal, M Schief - 2024 - ideas.repec.org
The paper studies the expected macroeconomic productivity gains from Artificial Intelligence
(AI) over a 10-year horizon. It builds a novel micro-to-macro framework by combining …

Interdependent Total Factor Productivity in an Input-Output model

TM Bombarde, AL Krause - arxiv preprint arxiv:2312.15362, 2023 - arxiv.org
Industries learn productivity improvements from their suppliers. The observed empirical
importance of these interactions, often omitted by input-output models, mandates larger …

Digital transformation and its impact on labour productivity: A multi-sector perspective

E Falck, O Röhe, J Strobel - 2024 - econstor.eu
In recent years, there has been a controversial debate on how the rapid diffusion of digital
technologies affects labour productivity in advanced economies. Using a multi-sector …

Динамика совокупной факторной производительности экономики и влияющие на нее факторы

АД Радыгин, АЕ Абрамов, МИ Чернова - Экономическая политика, 2024 - ecpolicy.ru
Аннотация Снижение отдачи от наращивания производственных ресурсов для
поддержания экономического роста заставляет уделять всё больше внимания …