Przeglądaj Kolegium Analiz Ekonomicznych / Collegium of Economic Analysis według tematu "automation"
Wyświetlanie pozycji 1-4 z 4
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The Hardware-Software Model: A New Conceptual Framework of Production, R&D, and Growth with AI
(2019-02)The article proposes a new conceptual framework for capturing production, R&D, and economic growth in aggregative models which extend their horizon into the digital era. Two key factors of production are considered: hardware, ... -
Automation, Partial and Full
(2020-04)When some steps of a complex, multi-step task are automated, the demand for human work in the remaining complementary sub-tasks goes up. In contrast, when the task is fully automated, the demand for human work declines. ... -
What Will Drive Long-Run Growth in the Digital Age?
(2021-07)This paper considers the prospective sources of long-run growth in the future. Historically, in the industrial era and at the early stage of the digital era (which began approximately in the 1980s) the main growth engine ... -
Hardware and Software over the Course of Long-Run Growth: Theory and Evidence
(2023-09)Output is generated through purposefully initiated physical action. Production needs energy and information, provided by respective factors: hardware (“brawn”), including physical labor and physical capital, and software ...