Short and Long Effects of Productivity on Unemployment

Chen, Pu; Semmler, Willi

doi:10.1007/s11079-018-9486-z

Cited by 8 publications

(4 citation statements)

References 32 publications

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“…At the macro-level, to analyse variation in the extent to which changes in productivity [2] drive the risks of unemployment (Nattrass and Seekings, 2018; Chen and Semmler, 2018), we used the indicators of total-factor and labour productivity for 2017, or the latest year available, considered separately for 21 industries according to the Statistical Classification of Economic Activities in the European Community (NACE, Rev. 2, 2008).…”

Section: Methodsmentioning

confidence: 99%

“…Specifically, productivity growth creates unemployment in the short and medium terms, but it creates employment in the long-term. Similarly, Chen and Semmler (2018) found that in the short-term, productivity growth may increase unemployment while in the long-term, productivity growth and unemployment are likely to co-vary negatively.…”

Section: Theory and Hypothesesmentioning

confidence: 95%

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Two sides, but not of the same coin: digitalization, productivity and unemployment

Krutova

Koistinen

Turja

et al. 2021

IJPPM

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PurposeThis paper aims to examine how input from the digital restructuring of the workplace and productivity affects the risk of job loss and unemployment.Design/methodology/approachRelying on the concepts of technological unemployment and the productivity paradox as well as the theory of skills-biased technological change, the analysis incorporated micro-level individual determinants of job loss, macro-level economic determinants of input and the contribution from traditional (machinery and equipment) vs innovative (ICT) factors of production. The model has been also controlled for “traditional” indicators of “outsiderness” in the labour market. The Quality of Work Life Survey, which is a broad-based national interview survey produced by Statistics Finland, for 2018, the latest year available (N = 4,110) has been used in the analysis. Binomial logistic regression has been applied in order to estimate the effects of individual- and macro-level factors on the risk of job loss.FindingsThe results support arguments for the divergence between effects from labour- vs total-factor productivity on the risks of job loss, as well as the divergence between effects for temporary (layoff) vs permanent job loss (dismissal or unemployment). While the contribution from “traditional” factors of production to labour productivity potentially decreases the risk of permanent job loss, input from “innovative” factors of production on total-factor productivity potentially causes adverse effects (e.g. growing risks of permanent job loss).Originality/valueThe paper contributes to the theoretical discussion about technological unemployment and productivity by means of including two different concepts into a single econometric model, thus enabling examination of the research problem in an innovative way.

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Section: Methodsmentioning

confidence: 99%

Section: Theory and Hypothesesmentioning

confidence: 95%

Two sides, but not of the same coin: digitalization, productivity and unemployment

Krutova

Koistinen

Turja

et al. 2021

IJPPM

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“…Highly specialized technologies that benefit only few sectors might permanently lift inequality when other sectors of the economy cannot from its advantages. In contrast, General Purpose Technologies are thought to “lift all boats,” albeit sometimes with a long delay, creating a J-curve effect (Brynjolfsson et al, 2021 ) with increases in unemployment in the short run and faster job growth in the long run (Chen and Semmler, 2018 ). In Section 4, we discuss possible ways of addressing the growth-depressing consequences of higher economic concentration.…”

Section: The Ai Trilemma In a Nutshell: A Technological Paradigmmentioning

confidence: 99%

The AI trilemma: Saving the planet without ruining our jobs

Ernst

2022

Front. Artif. Intell.

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Digitalization and artificial intelligence increasingly affect the world of work. Rising risk of massive job losses have sparked technological fears. Limited income and productivity gains concentrated among a few tech companies are fueling inequalities. In addition, the increasing ecological footprint of digital technologies has become the focus of much discussion. This creates a trilemma of rising inequality, low productivity growth and high ecological costs brought by technological progress. How can this trilemma be resolved? Which digital applications should be promoted specifically? And what should policymakers do to address this trilemma? This contribution shows that policymakers should create suitable conditions to fully exploit the potential in the area of network applications (transport, information exchange, supply, provisioning) in order to reap maximum societal benefits that can be widely shared. This requires shifting incentives away from current uses toward those that can, at least partially, address the trilemma. The contribution analyses the scope and limits of current policy instruments in this regard and discusses alternative approaches that are more aligned with the properties of the emerging technological paradigm underlying the digital economy. In particular, it discusses the possibility of institutional innovations required to address the socio-economic challenges resulting from the technological innovations brought about by artificial intelligence.

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“…Rekabetin yoğunlaştığı ve uluslararası ticaretin sürekli geliştiği bir ortamda şirketler kendilerini büyüme, inovasyon ve ekonomik ilerlemenin odağında bulmaktadır. Şirketler, faaliyetlerini yürüttükleri ülkelerde enflasyon, büyüme ve işsizlik gibi iktisadi konularda da katkı sağlayan önemli aktörlerdir (Chen ve Semmler, 2018;Fedulova ve diğerleri, 2019;Kim ve diğerleri, 2013). Bu doğrultuda olumlu ve yüksek katkıda bulunabilmeleri verimli olmaları ile mümkündür.…”

Section: Introductionunclassified

Bağımsız Denetim, Güvenilir Bilgi Ortamı ve Operasyonel Verimlilik: Türkiye’de Faaliyet Gösteren İmalat İşletmelerinde Bir Araştırma

Şamil

2024

Verimlilik Dergisi

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Amaç: Çalışmada, işletmelerde sağladığı güvenilir bilgi ortamı bağlamında bağımsız denetim ile operasyonel verimlilik arasındaki ilişkinin araştırılması amaçlanmıştır. Yöntem: Bağımsız denetim ile operasyonel verimlilik arasındaki ilişki deneysel olmayan bir tasarımla araştırılmıştır. Çalışma kapsamında Dünya Bankası veri tabanından çekilen ikincil veri kullanılmıştır. Bu doğrultuda işletme düzeyinde işgücü verimliliği, yatırım verimliliği ve toplam faktör verimliliği hesaplamaları yapılmıştır. Verimlilik göstergelerinin bağımlı değişken, bağımsız denetimin bağımsız değişken, şirket büyüklüğü, aile şirketi olup olmama, üst yöneticinin tecrübesi ve finansmanın şirket faaliyetlerine engel olma derecelerinin kontrol değişken olduğu üç ayrı model geliştirilmiştir. Oluşturulan modeller çoklu regresyon analiziyle test edilmiştir. Bulgular: Elde edilen sonuçlar, bağımsız denetim ile işgücü verimliliği ve toplam faktör verimliliği arasındaki pozitif yönlü ilişki öngörüsünü desteklemektedir. Yatırım verimliliği ile bağımsız denetim arasında iki değişkenli analizde anlamlı pozitif ilişki olduğu görülse de kontrol değişkenleri modele dahil edildiğinde bu ilişki istatistiksel olarak anlamlı çıkmamaktadır. Özgünlük: Bu çalışmada bağımsız denetim ile operasyonel verimlilik arasındaki ilişki daha önce literatürde rastlanmayan bir açıdan ele alınmaktadır. Söz konusu ilişki bağımsız denetimin sağladığı güvenilir bilgi ortamı çerçevesinden işlenmiştir. Ayrıca bağımsız denetim ile verimlilik arasındaki ilişkinin Türkiye örneği ile araştırıldığı ilk çalışmadır.

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Short and Long Effects of Productivity on Unemployment

Cited by 8 publications

References 32 publications

Two sides, but not of the same coin: digitalization, productivity and unemployment

Two sides, but not of the same coin: digitalization, productivity and unemployment

The AI trilemma: Saving the planet without ruining our jobs

Bağımsız Denetim, Güvenilir Bilgi Ortamı ve Operasyonel Verimlilik: Türkiye’de Faaliyet Gösteren İmalat İşletmelerinde Bir Araştırma

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