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An additional impact on labour mobility, foreign investment and financial flows can be anticipated but is difficult to quantify, according to the research.
Mssrs Brynjolfsson and McAfee tweak the argument, writing that innovation has been gathering pace and having an increasing impact on labour markets.
Asked about the impact on Labour of Corbyn winning, Prescott – who is backing Andy Burnham – said: "I don't think it would be a disaster".
As for employment, the global economic crisis had a huge impact on labour markets, making the task of reducing the number of low-quality jobs even more difficult.
Peter Kellner at YouGov considers in detail how different Lib Dem results could impact on Labour and the Tories at the election.
Related: Scotland's fast politics leave the parties in the slow lane | Kevin McKenna The poll, conducted using face-to-face interviews with 1,006 voters from mid-January to early February, found that Murphy's arrival as leader had had no positive overall impact on Labour support.
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20 22 However, it is not known how this impact on labour-force participation may follow through to affect income poverty status.
At the aggregate level, the results show positive but modest impacts on labour supply and GDP, as well as a decline in low-income rates and income inequality.
At the aggregate level simulations results suggest modest positive impacts on labour supply and GDP, as well as a decline in low-income rates and income inequality.
The importance of tapping the potential of this synergy is emphasised in Spain where the recent economic crisis had the most severe impacts on labour markets compared to the other countries [61], and where energy wood production could thus be promoted for its positive effect on employment and moreover for its potential synergies with fire prevention.
And last but not least, migration will have profound impacts on labour markets and economic development.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com