When does labor scarcity encourage innovation?

This paper studies whether labor scarcity encourages technological advances, i.e., technology adoption or innovation, for example, as claimed by Habakkuk in the context of 19th-century United States. I define technology as strongly labor saving if technological advances reduce the marginal product o...

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Detaylı Bibliyografya
Yazar: Acemoglu, Daron
Diğer Yazarlar: Massachusetts Institute of Technology. Department of Economics
Materyal Türü: Makale
Dil:en_US
Baskı/Yayın Bilgisi: University of Chicago Press 2011
Online Erişim:http://hdl.handle.net/1721.1/61785
https://orcid.org/0000-0003-0908-7491