Adjust the automation parameters fY, fS,
fA, fH, and labor share 1-α.
Optionally edit the returns to research. The app computes balanced growth
relative to the no-automation case (with the same returns to research and labor share).
Current: 0.60
Current: 0%
Current: 0%
Current: 0%
Current: 0%
Current: 1.00
Current: 5.00
Current: 0.32
Results
ⓘ
How many times larger is the balanced growth path for output, hardware,
and software under automation inputs compared to this path under no automation?
The balanced growth path multiplier on TFP is the same as that for output.