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Questions tagged [directed-technical-change]

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How relevant if the notion "labour productivity" in the era of automation?

I am following the election debates for the European Parliament and time and again there are ideas that labor productivity should be boosted and that is the only way to grow the economy. But how ...
TomR's user avatar
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2 answers
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Is it reasonable to run particle colliders from economic perspective?

Every major economy runs particle colliders, which consume huge amount of resources, billions € (not including the cost of education and time of highly qualified personell). There are many articles ...
Jan Turoň's user avatar
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Can technical change have a negative growth rate?

Using the following nested CES function I have backed out augmentation indices $A_L$ and $A_E$. Where $A_L$ is a labour-augmenting technical change index and $A_E$ is an energy-augmenting technical ...
Energytopic's user avatar
5 votes
1 answer
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Labour-saving vs. Labour-augmenting technical change

I've read a number of posts on the above topic but none refers to published empirical papers. Google searches have been hopeless. Does anyone know of any paper on empirical derivation of technical ...
london's user avatar
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How to pin down the bias and its/their sources in derived technical change indices?

Using the following CES function I backed out factor-augmenting indices $A_1$ and $A_2$ using OECD country level macro data. This process is akin to Solow's (1956) method for deriving technology ...
london's user avatar
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4 votes
1 answer
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Industrial Revolution: Induced technical change and factor shares

I have been reading about various explanations for the British industrial revolution. A strand of research lead by Allen (2009) tries to provide an incentives based explanation whereby high wage and ...
london's user avatar
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3 votes
1 answer
158 views

Induced technical change vs. directed technical change

I am trying to get a better grip on the literature on directed technical change and induced technical change. In other words, I am trying to understand if these concepts are the same and used ...
london's user avatar
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2 votes
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Energy saving technology and energy service price

I want to assess the effects of energy saving technologies on output growth using time series data. My work would benefit from time series data on patents for energy saving innovations, but this is ...
london's user avatar
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2 votes
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Can an overall improvement in technology make the owners of one factor worse off?

In a closed two-factor economy, suppose there is a biased technological improvement that increases the productivity of both factors, but one more than the other. Can this reduce the aggregate returns (...
andrewH's user avatar
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2 votes
1 answer
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Question about skill-biased technical change, Acemoglu

I am writing about skill-biased technical change, and in particular the 2001 Acemoglu (http://economics.mit.edu/files/283) paper on the topic, in which there is a part I am very stuck on. In the ...
M. Brown's user avatar
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Books on Technological Progress and Growth

I've done some google search for good, reader friendly albeit technical, books on technological progress/change and economic growth. However, I've not found what I want. If you are using or have heard ...
london's user avatar
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Directed technical change, Acemoglu (2002) framework - trying to understand how an equation is derived

You may have read Acemoglu (2002) on the topic of directed technical change. I am reading a similar research paper, and I could not understand how the author derived the final equation using ...
london's user avatar
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440 views

Capital - augmenting and energy-augmenting technical progress

I've read a number of papers on factor - augmenting technical progress and directed technical change. Authors do not note about the implications of factor - augmentation in sufficient details. Assume ...
london's user avatar
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3 votes
1 answer
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Data on Directed Technical Change

I'm interested in technologies that are directed towards improving productivity of workers with high human capital. What kind of data could one use to look at directed technical change, as in Howard-...
FooBar's user avatar
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