1、Artificial Intelligence and Productivity in Europe Florian Misch,Ben Park,Carlo Pizzinelli and Galen Sher WP/WP/25/67 IMF Working Papers describe research in progress by the author(s)and are published to elicit comments and to encourage debate.The views expressed in IMF Working Papers are those of t

2、he author(s)and do not necessarily represent the views of the IMF,its Executive Board,or IMF management.2025 APR*Corresponding author.*We thank Simon Bunel,Era Dabla-Norris,Romain Duval and David Koll for excellent comments.Mahika Gandhi provided excellent research assistance.2025 International Mone

3、tary Fund WP/25/67IMF Working Paper European Department Artificial Intelligence and Productivity in Europe Prepared by Florian Misch*,Ben Park,Carlo Pizzinelli and Galen Sher*Authorized for distribution by Stephan Danninger and Kristina Kostial Month 2025 IMF Working Papers describe research in prog

4、ress by the author(s)and are published to elicit comments and to encourage debate.The views expressed in IMF Working Papers are those of the author(s)and do not necessarily represent the views of the IMF,its Executive Board,or IMF management.ABSTRACT:The discussion on Artificial Intelligence(AI)ofte

5、n centers around its impact on productivity,but macroeconomic evidence for Europe remains scarce.Using the Acemoglu(2024)approach we simulate the medium-term impact of AI adoption on total factor productivity for 31 European countries.We compile many scenarios by pooling evidence on which tasks will

6、 be automatable in the near term,using reduced-form regressions to predict AI adoption across Europe,and considering relevant regulation that restricts AI use heterogeneously across tasks,occupations and sectors.We find that the medium-term productivity gains for Europe as a whole are likely to be m