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dc.contributor.authorBrynjolfsson, Erik
dc.date.accessioned2021-02-08T20:40:54Z
dc.date.available2021-02-08T20:40:54Z
dc.date.issued2019-09
dc.identifier.issn0025-1909
dc.identifier.urihttps://hdl.handle.net/1721.1/129711
dc.description.abstractArtificial intelligence (AI) is surpassing human performance in a growing number of domains. However, there is limited evidence of its economic effects. Using data from a digital platform, we study a key application of AI: machine translation. We find that the introduction of a new machine translation system has significantly increased international trade on this platform, increasing exports by 10.9%. Furthermore, heterogeneous treatment effects are consistent with a substantial reduction in translation costs. Our results provide causal evidence that language barriers significantly hinder trade and that AI has already begun to improve economic efficiency in at least one domain.en_US
dc.language.isoen
dc.publisherInstitute for Operations Research and the Management Sciences (INFORMS)en_US
dc.relation.isversionof10.1287/MNSC.2019.3388en_US
dc.rightsCreative Commons Attribution-Noncommercial-Share Alikeen_US
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/4.0/en_US
dc.sourceNBERen_US
dc.titleDoes Machine Translation Affect International Trade? Evidence from a Large Digital Platformen_US
dc.typeArticleen_US
dc.identifier.citationBrynjolfsson, Erik et al. “Does Machine Translation Affect International Trade? Evidence from a Large Digital Platform.” Management Science, 65, 12 (September 2020): 5449-5956 © 2020 The Author(s)en_US
dc.contributor.departmentSloan School of Managementen_US
dc.relation.journalManagement Scienceen_US
dc.eprint.versionOriginal manuscripten_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/NonPeerRevieweden_US
dc.date.updated2021-02-08T16:27:44Z
dspace.orderedauthorsBrynjolfsson, E; Hui, X; Liu, Men_US
dspace.date.submission2021-02-08T16:29:16Z
mit.journal.volume65en_US
mit.journal.issue12en_US
mit.licenseOPEN_ACCESS_POLICY


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