THE IMPACT OF ARTIFICIAL INTELLIGENCE ON ECONOMIC PRODUCTIVITY: AN EMPIRICAL ANALYSIS USING PANEL DATA FROM EU COUNTRIES

Sfintes Costina
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Sfintes Costina: CONSTANTIN BRANCUSI UNIVERSITY OF TARGU-JIU, ROMANIA

Annals - Economy Series, 2025, vol. 6, 272-276

Abstract: This study examines the influence of artificial intelligence (AI) adoption on economic productivity across 27 European Union countries over the period 2015–2023. Using a fixed-effects panel regression model, the analysis incorporates AI investment indices, patent filings, and digital infrastructure metrics as key explanatory variables, while controlling for human capital, R&D expenditure, and institutional quality. The dataset includes 243 observations sourced from Eurostat, OECD, and the European Patent Office. Results indicated a statistically significant positive effect of AI adoption on total factor productivity (TFP), with a 1% increase in AI investment associated with a 0.32% rise in TFP (p

Keywords: artificial intelligence; economic productivity; panel data analysis; European Union; total factor productivity; digital infrastructure; innovation policy (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2025:v:6:p:272-276

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