Impact of Using AI in Manufacturing Industries
In: Journal of the International Academy for Case Studies, Volume 28, Special Issue 4, 2022
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In: Journal of the International Academy for Case Studies, Volume 28, Special Issue 4, 2022
SSRN
In: Economics of Wage Determination; Studies in Contemporary Economics, S. 85-88
In: Journal of development economics, Band 31, Heft 1, S. 216-220
ISSN: 0304-3878
In: Canadian journal of economics and political science: the journal of the Canadian Political Science Association = Revue canadienne d'économique et de science politique, Band 25, Heft 2, S. 195-200
In: Hofstra University yearbook of business 7.1970,1
In: Journal of political economy, Band 66, Heft 5, S. 463-464
ISSN: 1537-534X
In: Recent Studies of Industrial Relations Problems
In: Chinese journal of population, resources and environment, Band 5, Heft 2, S. 3-11
ISSN: 2325-4262
In: Scottish journal of political economy: the journal of the Scottish Economic Society, Band 22, Heft 3, S. 293-304
ISSN: 1467-9485
In: The Pakistan development review: PDR, Band 13, Heft 3, S. 231-244
It is a well-known fact that capital is scarce in most of the
developing countries and thus some of the production factors, such as
labour, remain unemployed, leading to a lower growth rate of G.N.P. than
would be possible under full employment. Additions to the stock of
capital not only increase the rate of growth but also provide new job
opportunities. However, in many developing countries, capital is
utilised less than one-third of the time [10,p.38], The underutilization
of capital obviously shrinks the growth rate of less deve¬loped
countries still further. Capacity underutilization discourages
technological progress which leads to an inefficient industrial
structure. This presents us with a paradox: if capital is scarce in
developing countries, why is it underutilized? A number of hypotheses
have been advanced to explain this paradox. Some of these hypotheses
relate to oligopolistic structure of the market, deficient demand,
non-availability of complementary factors of production (such as skilled
labour), imported inputs and government licensing policies. Moreover,
when aid is available for specific projects, there is a tendency to
build up addi¬tional capacity because the recipient countries prefer
some aid to no-aid. However, very little has been done so far in
building a theoretical framework which could be used in empirical
analysis to throw light on the possible causes of capacity
underutilization. Marris's theoretical framework [4] and Winston's
empirical investigation of capacity utilization in Pakistan [10] are
exceptions.
In: Its Manpower studies
In: New Zealand economic papers, Band 1, Heft 1, S. 31-37
ISSN: 1943-4863