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Labor Market Dynamics and Technology Adoption: Theory and Empirical EvidenceAlexiadis Stilianosaffiliation not provided to SSRN Konstantinos EleftheriouAbu Dhabi University - College of Business Administration; University of Piraeus Peter NijkampVU University of Amsterdam - Department of Spatial Economics; Tinbergen Institute - Tinbergen Institute Amsterdam (TIA) September 1, 2011 Tinbergen Institute Discussion Paper No. 11-163/3 Abstract: Using 'search' theory, technology adoption is conceived of as a critical factor in the aftermath of a technological shock, which increases employment in the leading sectors and total output in the economy. These implications are further investigated in the present paper, both formally and empirically. Our attempt to investigate this hypothesis empirically across ten OECD countries, appears to provide various affirmative results.
Number of Pages in PDF File: 27 Keywords: Search Theory, Technological Shock, Technology Adoption JEL Classification: J62, J64 working papers seriesDate posted: November 17, 2011Suggested CitationContact Information
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