Technological revolutions

被引:253
作者
Caselli, F [1 ]
机构
[1] Univ Chicago, Grad Sch Business, Chicago, IL 60637 USA
关键词
D O I
10.1257/aer.89.1.78
中图分类号
F [经济];
学科分类号
02 ;
摘要
In skill-biased (de-skilling) technological revolutions learning investments required by new machines are greater (smaller) than those required by preexisting machines. Skill-biased (de-skilling) revolutions trigger reallocations of capital from slow- (fast-) to fast- (slow-) learning workers, thereby reducing the relative and absolute wages of the former. The model of skill-biased (de-skilling) revolutions provides insight into developments since the mid-1970's (in the 1910's). The empirical work documents a large increase in the interindustry dispersion of capital-labor ratios since 1975. Changes in industry capital intensity are related to the skill composition of the labor force. (JEL E23 J31 O33).
引用
收藏
页码:78 / 102
页数:25
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