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Bottlenecks : Sectoral Imbalances and the US Productivity Slowdown
Acemoglu, Daron; Autor, David H.; Patterson, Christina - National Bureau of Economic Research - 2023
productivity growth has been disappointing since the 1970s. We propose and empirically explore the hypothesis that slow growth …'s success in innovation depends on complementary innovations among its input suppliers, rapid productivity growth that is … productivity gains. Using data on input-output linkages, citation linkages, industry productivity growth and patenting, we find …
Persistent link: https://www.econbiz.de/10014322814
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Demographics and automation
Acemoglu, Daron; Restrepo, Pascual - 2018
from country industry variation in the adoption of robots. Our model also implies that the productivity implications of … aging are ambiguous when technology responds to demographic change, but we should expect productivity to increase and labor …
Persistent link: https://www.econbiz.de/10011820230
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Localized and Biased Technologies : Atrkinson and Stiglitz's New View, Induced Innovations, and Directed Technological Change
Acemoglu, Daron - 2015
This paper revisits the important ideas proposed by Atkinson and Stiglitz's seminal 1969 paper on technological change. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological change literature, it explains how these three...
Persistent link: https://www.econbiz.de/10013033817
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Productivity Differences
Acemoglu, Daron; Zilibotti, Fabrizio - 2003
in these tasks are designed to be used by skilled workers, productivity in the LDCs will be low. Even when all countries … factor productivity and output per worker. Our theory also suggests that productivity differences should be highest in medium … effect on the direction of technical change and on productivity differences …
Persistent link: https://www.econbiz.de/10014207563
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The World our Grandchildren Will Inherit: The Rights Revolution and Beyond
Acemoglu, Daron - National Bureau of Economic Research (NBER) - 2012
Following on Keynes's Economic Possibilities for Our Grandchildren, this paper develops conjectures about the world we will leave to our grandchildren. It starts by outlining the 10 most important trends that have defined our economic, social, and political lives over the last 100 years. It then...
Persistent link: https://www.econbiz.de/10011227928
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What Does Human Capital Do? A Review of Goldin and Katz's <em>The Race between Education and Technology</em>
Acemoglu, Daron; Autor, David - In: Journal of Economic Literature 50 (2012) 2, pp. 426-63
Goldin and Katz's The Race between Education and Technology is a monumental achievement that supplies a unified framework for interpreting how the demand and supply of human capital have shaped the distribution of earnings in the U.S. labor market over the twentieth century. This essay reviews...
Persistent link: https://www.econbiz.de/10011014332
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The Environment and Directed Technical Change
Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - National Bureau of Economic Research (NBER) - 2009
This paper introduces endogenous and directed technical change in a growth model with environmental constraints and limited resources. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation....
Persistent link: https://www.econbiz.de/10008614634
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Diversity and Technological Progress
Acemoglu, Daron - National Bureau of Economic Research (NBER) - 2011
This paper proposes a tractable model to study the equilibrium diversity of technological progress and shows that equilibrium technological progress may exhibit too little diversity (too much conformity), in particular, foregoing socially beneficial investments in "alternative" technologies that...
Persistent link: https://www.econbiz.de/10009004109
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The Environment and Directed Technical Change
Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - C.E.P.R. Discussion Papers - 2011
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation. Research can be directed...
Persistent link: https://www.econbiz.de/10009365645
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Transition to Clean Technology
Kerr, William; Acemoglu, Daron; Akcigit, Ufuk; Hanley, … - Harvard Business School, Harvard University - 2014
We develop a microeconomic model of endogenous growth where clean and dirty technologies compete in production and innovation. in the sense that research can be directed to either clean or dirty technologies. If dirty technologies are more advanced to start with, the potential transition to...
Persistent link: https://www.econbiz.de/10011095220