全球智库信息集成服务系统(G2TT): DP15739 Jobs and technology in general equilibrium: A three elasticities approach

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP15739
	DP15739 Jobs and technology in general equilibrium: A three elasticities approach
	Richard Baldwin; Jan I. Haaland; Anthony Venables
发表日期	2021-01-29
出版年	2021
语种	英语
摘要	The impact of technological progress on jobs and wages has been subject to much empirical and some theoretical work. However, most of this literature has not addressed the general equilibrium interplay between the productive factors that are affected, the sectors in which these factors are used, and the consequent changes in the structure of employment and factor returns. This paper draws on tools from general equilibrium trade theory to provide an integrated approach to these issues. The analysis centres around three key elasticities linking technological change to jobs – the jobs-displacing substitution effect, the job-creating demand effect, and the general-equilibrium effects, through which factors are reallocated between sectors. The results highlight the role of relative factor intensities and the importance of openness in determining the effects of technology on jobs, wages, and structural change. The implications of interaction between non-tradable and tradable sectors are analysed.
主题	International Trade and Regional Economics ; Labour Economics
关键词	Technical change Wages Employment Factor intensity
URL	https://cepr.org/publications/dp15739
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/544742
推荐引用方式 GB/T 7714	Richard Baldwin,Jan I. Haaland,Anthony Venables. DP15739 Jobs and technology in general equilibrium: A three elasticities approach. 2021.