Workers, machines and economic growth.
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Workers, machines and economic growth.

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Published by Centre for Economic Policy Research in London .
Written in English


Book details:

Edition Notes

SeriesDiscussion paper series / Centre for Economic Policy Research -- No. 1139
ContributionsCentre for Economic Policy Research.
ID Numbers
Open LibraryOL19089733M

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The Economic Growth Engine: How Energy and Work Drive Material Prosperity (The International Institute for Applied Systems Analysis) Reprint Edition. The Economic Growth Engine: How Energy and Work Drive Material Prosperity (The International Institute for Applied Systems Analysis) Reprint Edition. by Robert Ayres (Author), Benjamin Warr (Author)Cited by: Downloadable (with restrictions)! This paper analyzes a model of economic growth, with technological innovations that reduce labor requirements but raise capital requirements. The paper has two main results. The first is that such technological innovations are not everywhere adopted, but only in countries with high productivity. The second result is that technology adoption significantly. This paper models technology adoption as replacing workers by machines, which perform the same job in the production process. The paper shows that such modelling of technology adoption affects significantly the analysis of economic growth. Workers, Machines, and Economic Growth. Joseph Zeira () The Quarterly Journal of Economics, , vol. , issue 4, Abstract: This paper analyzes a model of economic growth, with technological innovations that reduce labor requirements but raise capital requirements. The paper has two main results.

Workers, Machines and Economic Growth. Joseph Zeira () No , CEPR Discussion Papers from C.E.P.R. Discussion Papers Abstract: This paper models technology adoption as replacing workers by machines, which perform the same job in the production process. The paper shows that such modelling of technology adoption affects significantly the analysis of economic by: 8. Artificial Intelligence, Automation, and Work: Daron Acemoglu, Pascual Restrepo (p. - ) (bibliographic info) 9. Artificial Intelligence and Economic Growth: Philippe Aghion, Benjamin F. Jones, Charles I. Jones (p. - ) (bibliographic info) (Working Paper version) Comment: Patrick Francois (p. - ) (bibliographic info)Cited by: 6. Britannia Unchained: Global Lessons for Growth and Prosperity is a political book written by several British Conservative Party MPs and released on 13 September Its authors present a treatise, arguing that Britain should adopt a different and radical approach to business and economics or risk "an inevitable slide into mediocrity". Acknowledgments. Machine-readable bibliographic record - MARC, RIS, BibTeX Document Object Identifier (DOI): /w Published: Artificial Intelligence and Economic Growth, Philippe Aghion, Benjamin F. Jones, Charles I. Jones. in The Economics of Artificial Intelligence: An Agenda, Agrawal, Gans, and Goldfarb. Users who downloaded this paper also downloaded* these.

The book was also very good in documenting how urban appliances such as the washing machine improved the lives of (mainly) women, and freed them to do more productive and enjoyable work. • GDP understates economic s: Economic growth creates more profit for businesses. As a result, stock prices rise. That gives companies capital to invest and hire more employees. As more jobs are created, incomes rise. Consumers have more money to buy additional products and services. Purchases drive higher economic growth. Normally it is assumed that economic growth will also mean reduced unemployment. However, after the recession we have seen a so called jobless recovery (Jaimovich & Siu, ), meaning that as the economic growth recovered employment has not gone up to the levels before the recession. Figure shows the development in GDP per capita and.   Race against the machine is one of the earlier books which analyzes the influence of recent technological developments on economy and job market. In a concise form, just short of pages, it is a good introductory book to the topic/5().