The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
When Does Labor Scarcity Encourage Innovation?
Abstract
This paper studies whether labor scarcity encourages technological advances, that is, technology adoption or innovation, for example, as claimed by Habakkuk in the context of nineteenth-century United States. I define technology as strongly labor saving if technological advances reduce the marginal product of labor and as strongly labor complementary if they increase it. I show that labor scarcity encourages technological advances if technology is strongly labor saving and will discourage them if technology is strongly labor complementary. I also show that technology can be strongly labor saving in plausible environments but not in many canonical macroeconomic models.
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Citations
Cites
Endogenous Technological Change
Romer, P. M. (1990) · Journal of Political Economy · doi:10.1086/261725 · Cited by 17,711
Toward a New Conception of the Environment-Competitiveness Relationship
Porter, M. E., & Linde, C. V. D. (1995) · Journal of Economic Perspectives · doi:10.1257/jep.9.4.97 · Cited by 13,365
“A Model of Growth: Through Creative Destruction”
Aghion, P., & Howitt, P. (1992) · Econometrica · doi:10.2307/2951599 · Cited by 7,529
Porter, M. E. (1991) · Scientific American · doi:10.1038/scientificamerican0491-168 · Cited by 1,540
Cited by
Acemoglu, D., & Restrepo, P. (2018) · American Economic Review · doi:10.1257/aer.20160696 · Cited by 3,121
Skills, Tasks and Technologies: Implications for Employment and Earnings
Acemoglu, D., & Autor, D. (2010) · doi:10.3386/w16082 · Cited by 2,180
Acemoglu, D., & Restrepo, P. (2022) · The Review of Economic Studies · doi:10.1093/restud/rdab031 · Cited by 586
Self-citationWhen the levee breaks: black migration and economic development in the American South
Hornbeck, R., & Naidu, S. (2014) · American Economic Review · doi:10.1257/aer.104.3.963 · Cited by 341
Precocious Albion: A New Interpretation of the British Industrial Revolution
Kelly, M., Mokyr, J., & Gráda, C. Ó. (2014) · Annual Review of Economics · doi:10.1146/annurev-economics-080213-041042 · Cited by 121
Metadata
- Authors
- Acemoglu, D.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 2010-12
- Volume
- 118
- Issue
- 6
- Pages
- 1037-1078
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W3125487271
- Cited by
- 375
- References
- 4
- FWCI
- 17.19
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
