Labor Market Dynamics and Technology Adoption: Theory and Empirical Evidence
affiliation not provided to SSRN
Abu Dhabi University - College of Business Administration; University of Piraeus
VU University of Amsterdam - Department of Spatial Economics; Tinbergen Institute - Tinbergen Institute Amsterdam (TIA)
September 1, 2011
Tinbergen Institute Discussion Paper No. 11-163/3
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, J64working papers series
Date posted: November 17, 2011
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