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Structural development accounting
Gancia, Gino Alessandro; Müller, Andreas; Zilibotti, … - 2011
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10009739171
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Structural Development Accounting
Gancia, Gino; Müller, Andreas; Zilibotti, Fabrizio - 2011
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10014184424
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Structural development accounting
Gancia, Gino Alessandro; Müller, Andreas; Zilibotti, … - 2011
Persistent link: https://www.econbiz.de/10009236793
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Innovation and Top Income Inequality
Aghion, Philippe - 2015
innovation. We first establish a positive and significant correlation between various measures of innovativeness and top income … in the top 1% income share between 1975 and 2010. Finally, we show that innovation does not increase broader measures of … inequality which do not focus on top incomes, and that innovation is positively correlated with social mobility, but less so in …
Persistent link: https://www.econbiz.de/10013021154
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Innovation, automation, and inequality : policy challenges in the race against the machine
Prettner, Klaus; Strulik, Holger - 2019
are complements to machines and low-skilled workers are substitutes for machines. The model predicts that innovation …
Persistent link: https://www.econbiz.de/10012161735
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Accelerated technological progress : an explanation for wage dispersion and a possible solution to the productivity paradox
Nikutowski, Oliver - 2007
Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between...
Persistent link: https://www.econbiz.de/10003470547
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Assessing the institutions-innovation channel within the inequality-growth nexus
Sun, Yang; Easaw, Joshy Z.; Logothetis, Vassilis - 2023
The present paper assesses the interactions between innovation and economic institutions within the context of the …
Persistent link: https://www.econbiz.de/10014434530
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Diffusion of technology and convergence of income among countries
Oz, Sumru - 2014 - Preliminary version; April 9, 2014
Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
Persistent link: https://www.econbiz.de/10010251655
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Directed Technology Adoption, Human Capital Formation and World Income Distribution
Schiopu, Ioana C. - 2014
This paper investigates the effects of skill bias technical change at the frontier on the evolution of output and human capital in the adopting countries. The framework introduces a novel feature by connecting the direction of technology adoption to a sequential process of skill accumulation,...
Persistent link: https://www.econbiz.de/10013069814
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The race of man and machine: implications of technology when abilities and demand constraints matter
Gries, Thomas; Naudé, Wim - 2021
In "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," Acemoglu and Restrepo (2018b) combine the task-based model of the labor market with an endogenous growth model to model the economic consequences of artificial intelligence (AI). This...
Persistent link: https://www.econbiz.de/10012517812