Generative AI and Income Growth: Early Evidence on Global Data

Francesco Venturini

Gospodarka Narodowa. The Polish Journal of Economics, 2025, issue 3, 31-46

Abstract: This paper investigates the relationship between artificial intelligence (AI) and global income growth, with a particular focus on the latest emerging category of digital technologies: generative AI (GenAI). GenAI introduces innovative methods for content creation and can assist with both manual and cognitive tasks, potentially transforming productivity, output, and employment dynamics. By analysing patent data from a global sample of countries, this study aims to assess whether GenAI, even in its early stages, exhibits a positive correlation with income growth. Our findings reveal a statistically significant, albeit quantitatively modest, association between GenAI and GDP per capita growth. Specifically, we estimate a growth premium of approximately 0.02 percentage points over a decade for countries adopting this emerging technology domain—reflecting the extensive margin of GenAI innovation. Additionally, when examining the scale of research efforts in this field (the intensive margin), we find that GenAI has contributed between 0.009 and 0.013 percentage points to GDP per capita growth since 2009.

Keywords: generative artificial intelligence; income growth; world data (search for similar items in EconPapers)
JEL-codes: O31 O33 O40 (search for similar items in EconPapers)
Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://gnpje.sgh.waw.pl/pdf-203715-129334 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sgh:gosnar:y:2025:i:3:p:31-46

Access Statistics for this article

Gospodarka Narodowa. The Polish Journal of Economics is currently edited by Marek Gruszczyński, Grzegorz Konat

More articles in Gospodarka Narodowa. The Polish Journal of Economics from Warsaw School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Grzegorz Konat ().