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The Rate and Direction of Invention in the British Industrial Revolution : Incentives and Institutions
Meisenzahl, Ralf - 2014
During the Industrial Revolution technological progress and innovation became the main drivers of economic growth. But why was Britain the technological leader? We argue that one hitherto little recognized British advantage was the supply of highly skilled, mechanically able craftsmen who were...
Persistent link: https://www.econbiz.de/10013068131
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The Outlook for U.S. Labor-Quality Growth
Bosler, Canyon - 2016
Over the past 15 years, labor-quality growth has been very strong—defying nearly all earlier projections—and has added around 0.5 percentage points to an otherwise modest U.S. productivity picture. Going forward, labor quality is likely to add considerably less and may even be a drag on...
Persistent link: https://www.econbiz.de/10012984123
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The outlook for US labor-quality growth
Bosler, Canyon; Daly, Mary C.; Fernald, John G.; … - In: Education, skills, and technical change : implications …, (pp. 61-110). 2019
Persistent link: https://www.econbiz.de/10011986049
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The Outlook for U.S. Labor-Quality Growth
Bosler, Canyon - 2016
Over the past 15 years, labor-quality growth has been very strong--defying nearly all earlier projections--and has added around 0.5 percentage points to an otherwise modest U.S. productivity picture. Going forward, labor quality is likely to add considerably less and may even be a drag on...
Persistent link: https://www.econbiz.de/10012456124
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The Rate and Direction of Invention in the British Industrial Revolution : Incentives and Institutions
Meisenzahl, Ralf - 2011
During the Industrial Revolution technological progress and innovation became the main drivers of economic growth. But why was Britain the technological leader? We argue that one hitherto little recognized British advantage was the supply of highly skilled, mechanically able craftsmen who were...
Persistent link: https://www.econbiz.de/10012461665
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Competing Engines of Growth : Innovation and Standardization
Acemoglu, Daron - 2010
We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are adapted to be produced using unskilled labor. Our...
Persistent link: https://www.econbiz.de/10012462712
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Competing Engines of Growth : Innovation and Standardization
Acemoglu, Daron - 2010
We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are adapted to be produced using unskilled labor. Our...
Persistent link: https://www.econbiz.de/10013144153
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Competing Engines of Growth : Innovation and Standardization
Acemoglu, Daron - 2014
We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are adapted to be produced using unskilled labor. Our...
Persistent link: https://www.econbiz.de/10013069970
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Competing Engines of Growth : Innovation and Standardization
Acemoglu, Daron; Gancia, Gino Alessandro; Zilibotti, … - 2014
We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are adapted to be produced using unskilled labor. Our...
Persistent link: https://www.econbiz.de/10014195649
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Divergence of human capital in cities in the People's Republic of China : exploring complementarities and spatial agglomeration of the workforce with various skills
Liang, Wenquan; Lu, Ming - 2016
In cities, complementarity between a low-skilled and a high-skilled workforce can promote each other to improve labor … workforce in cities in the People's Republic of China (PRC) along with its changes, and drew the following three conclusions …. First, a highly skilled workforce is the engine of urban development, increasing urban wages and population. Second, big …
Persistent link: https://www.econbiz.de/10011488140