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Our stories of industrial innovation tend to focus on individual initiative and breakthroughs. Hermione Giffard uses the case of the development of jet engines to offer a different way of understanding technological innovation, revealing the complicated mix of factors that go into any decision to pursue an innovative, and therefore risky technology.
Jet engines --- World War, 1939-1945 --- Equipment and supplies. --- gas turbine. --- industry. --- innovation. --- invention. --- jet engine. --- technical change. --- technology. --- turbojet. --- Equipment and supplies
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This paper examines the agricultural productivity-farm size relationship in the context of Bangladesh. Features of Bangladesh's agriculture help overcome several limitations in testing the inverse farm size-productivity relationship in other developing country settings. A stochastic production frontier model is applied using data from three rounds of a household panel survey to estimate simultaneously the production frontier and the technical inefficiency functions. The "correlated random effects" approach is used to control for unobserved heterogeneous household effects. Methodologically, the results suggest that the stochastic production frontier models that ignore the inefficiency function are likely mis-specified, and may result in misleading conclusions on the farm size-productivity relationship. Empirically, the findings confirm that the farm size and productivity relationship is negative, but with the inverse relationship diminishing over time. Total factor productivity growth, driven by technical change, is found to have been robust across the sample. Across farm size groups, the relatively larger farmers experienced faster technical change, which helped them to catch up and narrow the productivity gap with the smaller farmers.
Agriculture --- Finance and Financial Sector Development --- Food Security --- Labor Markets --- Productivity --- Rural Development --- Rural Labor Markets --- Social Protections and Labor --- Stochastic Frontier --- Technical Change
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Over the past few decades, US business and industry have been transformed by the advances and redundancies produced by the knowledge economy. The workplace has changed, and much of the work differs from that performed by previous generations. Can human capital accumulation in the United States keep pace with the evolving demands placed on it, and how can the workforce of tomorrow acquire the skills and competencies that are most in demand? Education, Skills, and Technical Change explores various facets of these questions and provides an overview of educational attainment in the United States and the channels through which labor force skills and education affect GDP growth. Contributors to this volume focus on a range of educational and training institutions and bring new data to bear on how we understand the role of college and vocational education and the size and nature of the skills gap. This work links a range of research areas-such as growth accounting, skill development, higher education, and immigration-and also examines how well students are being prepared for the current and future world of work.
Labor supply --- Education --- Gross domestic product --- Human capital --- Effect of education on --- Effect of technological innovations on --- Social aspects --- GDP growth. --- education. --- human capital. --- quality of labor. --- skill demand. --- skill premia. --- technical change.
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This paper derives the skill content of 30 countries, ranging from low-income to high-income ones, from the occupational structure of their economies. Five different skills are defined.. Cross-country measures of skill content show that the intensity of national production of manual skills declines with per capita income in a monotonic way, while it increases for non-routine cognitive and interpersonal skills. For some countries, the analysis is able to trace the development of skill intensities of aggregate production over time. The paper finds that although the increasing intensity of non-routine skills is uniform across countries, patterns of skill intensities with respect to different forms of routine skills differ markedly.
ICT Policy and Strategies --- Knowledge for Development --- Labor Markets --- Labor Policies --- Macroeconomics and Economic Growth --- Occupational structure --- Occupations --- Patterns of skill intensities --- Rural Development Knowledge & Information Systems --- Skill biased technical change --- Skill intensities --- Tasks --- World Bank
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This paper uses a panel of firms from the Mexican Economic Censuses and analyzes at the microeconomic level how labor markets adapt to the adoption of information and communication technologies. The paper studies the effects of the adoption of information and communication technologies over the labor structure of the firm and wages. Thus, it assesses whether increasing the use of information and communication technologies leads to an increasing demand for skilled relative to low-skilled labor, and, thus, analyzes its effects on the wage gap between the two groups. The results of this analysis show that there is indeed an effect of the adoption of information and communication technologies over the demand for higher-skilled workers. However, for the manufacturing and services sectors, instead of increasing the wage gap between skilled and unskilled workers, the wage gap decreases. The results for the manufacturing sector appear to be driven by an increasing sophistication of blue-collar workers due to the organizational adjustments derived from the adoption of information and communication technologies.
ICT --- Inequality --- Information and Communication Technologies --- Jobs --- Labor Demand --- Marketing --- Private Sector Development --- Private Sector Development Law --- Private Sector Economics --- Skills --- Social Protections and Labor --- Technical Change --- Technology --- Technology Industry --- Technology Innovation --- Wages
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Immigration policy is one of the most contentious public policy issues in the United States today. High-skilled immigrants represent an increasing share of the U.S. workforce, particularly in science and engineering fields. These immigrants affect economic growth, patterns of trade, education choices, and the earnings of workers with different types of skills. The chapters in this volume go beyond the traditional question of how the inflow of foreign workers affects native employment and earnings to explore effects on innovation and productivity, wage inequality across skill groups, the behavior of multinational firms, firm-level dynamics of entry and exit, and the nature of comparative advantage across countries.
Foreign workers --- Skilled labor --- Labor --- Economic aspects --- United States --- Emigration and immigration --- Economic aspects. --- Foreign workers - United States --- Skilled labor - Economic aspects - United States --- United States - Emigration and immigration - Economic aspects --- H-1B visa. --- L-1 visa. --- STEM. --- United States. --- growth. --- immigration. --- innovation. --- outsourcing. --- polarization. --- technical change.
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