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 …
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
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 …
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 …
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 …
slowed in recent decades. This has come at a time of increased market concentration. In this …
Medical Research as a Productivity Indicator
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 …
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 …
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 …
(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 …
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 …
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 …
поддержания экономического роста заставляет уделять всё больше внимания …