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New technologies can both substitute for and complement labor. Evidence from structural vector autoregressions using a large global sample of economies suggests that the substitution effect dominates in the short-run for over three-quarters of economies. A typical 10 percent technology-driven improvement in labor productivity reduces employment by 2 percent in advanced economies in the first year and 1 percent in emerging market and developing economies (EMDEs). Advanced economies have been more affected by employment-displacing technological change in recent decades but the disruption to the labor market in EMDEs has been more persistent. The negative employment effect is larger and more persistent in economies that have experienced a larger increase, or smaller fall, in industrial employment shares since 1990. In contrast, economies where workers have been better able to transition to other sectors have benefited more in the medium run from the positive "income effect" of new technologies. This corresponds with existing evidence that industrial jobs are most at risk of automation and reduced-form evidence that more industrially-focused economies have tended to create fewer jobs in recent decades. EMDEs are likely to face increasing challenges from automation as their share of global industry and production complexity increases.
Automation --- Emerging Market Economies --- Employment --- Industrial Economics --- Industrial Employment --- Industry --- Labor Markets --- Private Sector Development --- Private Sector Economics --- Productivity --- Science and Technology Development --- SVAR --- Technology Adoption --- Technology Innovation --- Technology Shock
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Baden, Torkel, -- 1734-1805 -- Skrivelse til sin ven i anledn. af et hemmeligt udspredt trykt skrift: Sandfaerdig og tilforladelig svar, 1773 --- Agriculture -- Russia (Federation) -- Stanovoi Range --- Crown lands -- Russia (Federation) -- Stanovoi Range --- Vordingborg (Denmark) -- Economic conditions
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Recent developments in the natural gas industry warrant new analysis of related issues. Environmental, social, and governance (ESG) investments have accelerated the shift away from coal as the dominant source of electricity. Its low environmental impact, reduced volume, and broad availability make liquefied natural gas (LNG) a popular alternative, during this time of transition between traditional fuels and newer options. In the United States, the shale gas revolution has made natural gas a game changer. In this book, we focus on empirical analyses of the natural gas market and its growing relevance worldwide.
spillover effect --- market integration --- natural gas market --- time frequency dynamics --- BRICS --- exchange rates --- connectedness --- time domain --- frequency domain --- natural gas --- crude oil --- electricity utilities sector index --- time–frequency dynamics --- ESG --- renewable energy --- copula --- value-at-risk --- electricity --- spot --- futures --- transmission --- pipelines --- external cost --- health --- property damage --- bodily injury --- uncertainty --- insurance --- coal --- spillover effects --- dynamic approaches --- forecasting --- logistic regression --- random forests --- support vector machines --- US natural gas crises --- XGboost --- neural networks --- oil futures prices crashes --- foresting --- logistical regression --- extreme gradient boosting --- moving window --- SVAR --- oil price --- gas price --- US macroeconomic aggregates --- GDP --- CPI
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Recent developments in the natural gas industry warrant new analysis of related issues. Environmental, social, and governance (ESG) investments have accelerated the shift away from coal as the dominant source of electricity. Its low environmental impact, reduced volume, and broad availability make liquefied natural gas (LNG) a popular alternative, during this time of transition between traditional fuels and newer options. In the United States, the shale gas revolution has made natural gas a game changer. In this book, we focus on empirical analyses of the natural gas market and its growing relevance worldwide.
Economics, finance, business & management --- spillover effect --- market integration --- natural gas market --- time frequency dynamics --- BRICS --- exchange rates --- connectedness --- time domain --- frequency domain --- natural gas --- crude oil --- electricity utilities sector index --- time–frequency dynamics --- ESG --- renewable energy --- copula --- value-at-risk --- electricity --- spot --- futures --- transmission --- pipelines --- external cost --- health --- property damage --- bodily injury --- uncertainty --- insurance --- coal --- spillover effects --- dynamic approaches --- forecasting --- logistic regression --- random forests --- support vector machines --- US natural gas crises --- XGboost --- neural networks --- oil futures prices crashes --- foresting --- logistical regression --- extreme gradient boosting --- moving window --- SVAR --- oil price --- gas price --- US macroeconomic aggregates --- GDP --- CPI --- spillover effect --- market integration --- natural gas market --- time frequency dynamics --- BRICS --- exchange rates --- connectedness --- time domain --- frequency domain --- natural gas --- crude oil --- electricity utilities sector index --- time–frequency dynamics --- ESG --- renewable energy --- copula --- value-at-risk --- electricity --- spot --- futures --- transmission --- pipelines --- external cost --- health --- property damage --- bodily injury --- uncertainty --- insurance --- coal --- spillover effects --- dynamic approaches --- forecasting --- logistic regression --- random forests --- support vector machines --- US natural gas crises --- XGboost --- neural networks --- oil futures prices crashes --- foresting --- logistical regression --- extreme gradient boosting --- moving window --- SVAR --- oil price --- gas price --- US macroeconomic aggregates --- GDP --- CPI
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The agri-market is one of the core sectors of the economy, responsible for producing goods and the fulfilment of nutritional needs. It includes agriculture, which produces food, and the food industry, which involves processing agricultural products. Therefore, it is crucial to analyze the development of agri-markets on both local and international scales. International trade is an important factor affecting the availability of agri-food products. Consequently, it is also important to evaluate economic factors and their roles in the development of a region. This Special Issue aims to solicit original contributions from academics, practitioners and other stakeholders, providing theoretical and empirical analyses focusing on agricultural markets and rural development. The editor encourages submissions that present applications of statistical analysis, case studies, and novel methodologies from parametric and non-parametric related to the topic of the Special Issue. The scope of submission includes original research and review articles on the theme.
Development economics & emerging economies --- economy --- sustainable development --- wine routes --- Axarquía --- rural tourism --- economic sociology --- geographical indication --- European Union --- Mercosur --- market arena --- e-retail --- comparative approach --- import risks --- agricultural products --- agro-trade --- food import --- SAW --- TOPSIS --- geometric means --- financial autonomy --- TOPSIS method --- rural municipalities --- municipal firms --- business --- economic evaluation --- local self-government --- cassava price --- volatility --- Bayesian --- GARCH-X --- Thailand --- correlation --- detrended cross-correlation analysis --- meat prices --- time series --- agriculture --- fruit products --- tariff rate quota --- welfare --- trade policy --- TRQ administration --- palm oil price --- domestic shocks --- foreign shocks --- Malaysia --- SVAR model --- interest-free community investment fund --- rural women empowerment --- case study --- logit model --- endogenous stochastic frontier --- crop insurance --- viticulture --- spatial integration --- market --- cointegration --- milk --- dairy products --- Poland --- Czechia --- Common Market Organization --- wine --- third countries --- measure of promotion --- wineries --- Common Agricultural Policy --- Indigofera spp. cultivation --- indigo paste production --- economic contribution --- land suitability --- development strategy
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