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Engines of Sectoral Labor Productivity Growth

Barany, Zsofia L, Siegel, Christian (2020) Engines of Sectoral Labor Productivity Growth. Review of Economic Dynamics, . ISSN 1094-2025. (doi:10.1016/j.red.2020.07.007) (Access to this publication is currently restricted. You may be able to access a copy if URLs are provided) (KAR id:82263)

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https://doi.org/10.1016/j.red.2020.07.007

Abstract

We study the origins of labor productivity growth and its differences across sectors. In our model, sectors employ workers of different occupations and various forms of capital, none of which are perfect substitutes, and technology evolves at the sector-factor cell level. Using the model we infer technologies from US data over 1960-2017. We find that sectoral differences in labor productivity growth are largely due to sectoral differences in the growth rate of routine labor augmenting technologies. Neither capital accumulation nor the occupational employment structure within sectors explains much of the sectoral differences in labor productivity growth.

Item Type: Article
DOI/Identification number: 10.1016/j.red.2020.07.007
Uncontrolled keywords: biased technological change, structural transformation, labor productivity
Subjects: H Social Sciences
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Christian Siegel
Date Deposited: 28 Jul 2020 15:13 UTC
Last Modified: 28 Aug 2020 09:51 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/82263 (The current URI for this page, for reference purposes)
Siegel, Christian: https://orcid.org/0000-0002-1686-8686
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