From New Technology to Productivity

Eric Bartelsman

No 113, European Economy - Discussion Papers from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission

Abstract: This paper reviews briefly the scientific literature on new technologies and future trends and on how and why the technologies may affect production, labour relations, and living conditions. Recent evidence points towards a slowing of productivity growth and a growing sense of unease in EU households concerning the impact of future economic developments. The paper argues that new digital technologies not only have the potential to change economic interactions, but also change the framework needed by economists to analyse the supply side of the economy. With appropriate policies, the technological advances can continue apace and will translate into productivity growth, so that households can contribute to and benefit from the new goods and services that the future economy will produce.

JEL-codes: D40 E31 L51 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2019-10
New Economics Papers: this item is included in nep-eff, nep-mac and nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:euf:dispap:113

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