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

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