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...
Huvudupphovsman: | Acemoglu, Daron |
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Övriga upphovsmän: | Massachusetts Institute of Technology. Department of Economics |
Materialtyp: | Artikel |
Språk: | en_US |
Publicerad: |
University of Chicago Press
2011
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Länkar: | http://hdl.handle.net/1721.1/61785 https://orcid.org/0000-0003-0908-7491 |
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