EconPapers    
Economics at your fingertips  
 

The Productivity and Unemployment Effects of the Digital Transformation: an Empirical and Modelling Assessment

Filippo Bertani, Marco Raberto () and Andrea Teglio

MPRA Paper from University Library of Munich, Germany

Abstract: Since the last 30 years, the economy has been undergoing a massive digital transformation. Intangible digital assets, like software solutions, web services, and more recently deep learning algorithms, artificial intelligence and digital platforms, have been increasingly adopted thanks to the diffusion and advancements of information and communication technologies. Various observers argue that we could rapidly approach a technological singularity leading to explosive economic growth. The contribution of this paper is on the empirical and the modelling side. First, we present a cross-country empirical analysis assessing the correlation between intangible digital assets and different measures of productivity. Then we figure out their long-term impact on unemployment under different scenarios by means of an agent-based macro-model.

Keywords: Intangible assets; Digital transformation; Total factor productivity; Technological unemployment; Agent-based economics (search for similar items in EconPapers)
JEL-codes: C63 (search for similar items in EconPapers)
Date: 2020-01-20
New Economics Papers: this item is included in nep-big, nep-eff, nep-ict, nep-ore, nep-pay and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/98233/1/MPRA_paper_98233.pdf original version (application/pdf)

Related works:
Journal Article: The productivity and unemployment effects of the digital transformation: an empirical and modelling assessment (2020) Downloads
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:pra:mprapa:98233

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2021-10-26
Handle: RePEc:pra:mprapa:98233