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The impact of artificial intelligence on labor productivity
Open accessAbstract
Abstract Recent evidence indicates an upsurge in artificial intelligence and robotics (AI) patenting activities in the latest years, suggesting that solutions based on AI technologies might have started to exert an effect on the economy. We test this hypothesis using a worldwide sample of 5257 companies having filed at least a patent related to the field of AI between 2000 and 2016. Our analysis shows that, once controlling for other patenting activities, AI patent applications generate an extra-positive effect on companies’ labor productivity. The effect concentrates on SMEs and services industries, suggesting that the ability to quickly readjust and introduce AI-based applications in the production process is an important determinant of the impact of AI observed to date.
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“The rapid development of AI creates many economic benefits (Damioli et al., 2021; Sequeira et al., 2021).”
From Impacts of generative artificial intelligence on the future of labor market: a systematic review (2025) · cites this paper as Damioli et al., 2021
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Metadata
- Authors
- Damioli, G., Van Roy, V., & Vertesy, D.
- Affiliations
- Joint Research Centre (IT)
- Corresponding author
- Damioli, Giacomo
- ORCID
- Damioli, Giacomo
- Venue
- Eurasian Business Review
- Published
- 2021-01-21
- Volume
- 11
- Issue
- 1
- Pages
- 1-25
- ISSN
- 1309-422X (ISSN-L)
- 1309-4297
- 2147-4281
- OpenAlex
- W3124534840
- Cited by
- 345
- References
- 84
- Citations by year
- 2026: 87 · 2025: 112 · 2024: 76 · 2023: 40 · 2022: 22 · 2021: 8
- FWCI
- 27.82
- Type
- journal article
- Language
- en
- Open access
- hybrid
- doi.org
- Locations
- Eurasian economic review : (publishedVersion, cc-by)
- Research Publications (Maastricht University) (publishedVersion, cc-by)
- RePEc: Research Papers in Economics (submittedVersion, cc-by)
- Research Publications (Maastricht University) (submittedVersion, other-oa)
- Funders
- Horizon 2020 Framework Programme (857088)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Firm Innovation and Growth
- Social Sciences › Decision Sciences › Management Science and Operations Research › Impact of AI and Big Data on Business and Society
- Keywords
- artificial intelligence, labor productivity, AI patents, robotics, firm productivity, small and medium-sized enterprises, service sector, technology adoption, patent activity
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Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
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