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on Knowledge Management and Knowledge Economy |
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Issue of 2022‒08‒22
four papers chosen by Laura Nicola-Gavrila Centrul European de Studii Manageriale în Administrarea Afacerilor |
| By: | David M. Byrne |
| Abstract: | After reviewing the state of digitalization---the use of digital information technology (IT) throughout the economy---we consider the slippery concept of a distinct digital economy and efforts to record it in national accounts. We then anchor the digital economy in a growth accounting framework, augmenting the conventional measure of the IT contribution to productivity---innovation in the production of IT capital plus labor-saving use of IT throughout the economy---with the contribution from the digital platforms that help users navigate the sprawling information landscape. We discuss the difficult measurement issues that thwart a full accounting of the scope and productivity of the digital economy remain. These include quantifying the intangible assets created by platforms and their users, measuring the consumption of intangible services provided by platforms---often provided for free---and identifying platforms within the existing statistical system, which does not treat their activity as a distinct industry. |
| Keywords: | Digital economy; Digitalization |
| JEL: | E31 E22 E01 L63 |
| Date: | 2022–06–17 |
| URL: | http://d.repec.org/n?u=RePEc:fip:fedgfe:2022-38&r= |
| By: | Ma, Yue; Gao, Yujuan; Rozelle, Scott D. |
| Keywords: | Research Methods/Statistical Methods, Health Economics and Policy, Institutional and Behavioral Economics |
| Date: | 2022–08 |
| URL: | http://d.repec.org/n?u=RePEc:ags:aaea22:322360&r= |
| By: | Andrea Borsato; Andre Lorentz |
| Abstract: | This paper contributes to the literature around the Kaldor-Verdoorn’s law and analyses the impact of robotisation on the channel through which the law shapes labour-productivity growth. We start with a simple evolutionary interpretation of the law that combines Kaldorian and Post-Keynesian arguments with the neo-Schumpeterian theory of innovation and technological change. Then we apply a GMM estimator to a panel of 17 industries in 25 OECD capitalist economies for the period 1990-2018. After elaborating on the general evidence of the Kaldor-Verdoorn’s law in the sample, we investigate the effect of increasing robotisation. The estimates suggest that for industries with a higher-than-average robot density, the increasing adoption of robots weakens, at least, the meso-economic channel that relates productivity growth to mechanisation. Yet, the higher degree of robotisation strengthens the mechanism that links labour productivity growth at the industrial level to the macro-level dynamic increasing returns to scale that emerge from a general expansion of economic activities through the many interactions between sectors. Such results are in agreement with the empirical literature that suggests different impacts from robotisation on the basis of the level of economic activity considered. |
| Keywords: | Labour productivity, Kaldor-Verdoorn’s law, Robotisation, GMM. |
| JEL: | J23 O33 O47 |
| Date: | 2022 |
| URL: | http://d.repec.org/n?u=RePEc:ulp:sbbeta:2022-25&r= |
| By: | Robert Dmuchowski (University of Olsztyn, Jagiellonska 59, 10-283, Olsztyn, Poland Author-2-Name: Stanislaw Szmitka Author-2-Workplace-Name: University of Olsztyn, Jagiellonska 59, 10-283, Olsztyn, Poland Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:) |
| Abstract: | " Objective - Running a business in the complex and global world requires the cooperation of entities with different complementary resources and competencies. A socio-economic organization that wants to be competitive in the modern market must have relevant human, financial, material, and information resources and be able to make use of them in the most effective way. Methodology - Enterprises, and institutions that join together in cluster initiatives bring to them their material potential, to multiply the possibilities of achieving benefits. The scientific basis of the article is a hypothesis that participation in the above-mentioned clusters provides economic, or marketing, benefits to the economic, social, and scientific entities, as well as know-how development and socio-economic revival of a region. Findings - The main scientific issue to delve into, not only for the purposes of this thesis but also for the knowledge that is essential to managers, is the effectiveness level of the adopted project. The main goal of the article is to present the economic benefits of cluster enterprises resulting from the rationalization of their operating costs in a common chain of utilising their potential. Novelty - The research problem is to present the way and procedures for examining the benefits that companies achieve by operating in a joint economic venture. The empirical study was based on the cost-consumption rates of selected groups of costs as well as calculated profitability rates calculated for logistics processes in the year 2014 and 2020 in Thermal Energy Company MorÄ…g. Type of Paper - Empirical" |
| Keywords: | Clusters, Innovation, Efficiency, Competitiveness, Logistics. |
| JEL: | C83 D24 D61 |
| Date: | 2022–07–30 |
| URL: | http://d.repec.org/n?u=RePEc:gtr:gatrjs:jber220&r= |