Free trade agreements have long aimed to remove barriers that limit the movement of goods, services, and capital across borders. But in recent decades, such agreements have expanded to cover issues beyond basic trade. This column examines Free trade agreement provisions that support short-term business travel, using a specialised algorithm to analyse large volumes of […]
Artificial intelligence has diffused rapidly in recent years, but its impact on aggregate productivity is not clear. This column uses data from original surveys to estimate the impact of AI on macroeconomic productivity in Japan. Using data on the use of AI in the workplace and its impact on work efficiency, it estimates a 0.5-0.6% […]
The transition towards climate neutrality is creating both winners and losers. Renewable energy development often faces opposition from local communities concerned about potential environmental impacts without significant economic benefits. Using Italy as a case study, this column investigates whether such opposition translates into political costs at the polls. It finds that local governments authorizing wind […]