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来源类型Working Paper
规范类型报告
DOI10.3386/w24357
来源IDWorking Paper 24357
Computerizing Industries and Routinizing Jobs: Explaining Trends in Aggregate Productivity
Sangmin Aum; Sang Yoon (Tim) Lee; Yongseok Shin
发表日期2018-02-26
出版年2018
语种英语
摘要Aggregate productivity growth in the U.S. has slowed down since the 2000s. We quantify the importance of differential productivity growth across occupations and across industries, and the rise of computers since the 1980s, for the productivity slowdown. Complementarity across occupations and industries in production shrinks the relative size of those with high productivity growth, reducing their contributions toward aggregate productivity growth, resulting in its slowdown. We find that such a force, especially the shrinkage of occupations with above-average productivity growth through “routinization,” was present since the 1980s. Through the end of the 1990s, this force was countervailed by the extraordinarily high productivity growth in the computer industry, of which output became an increasingly more important input in all industries (“computerization”). It was only when the computer industry's productivity growth slowed down in the 2000s that the negative effect of routinization on aggregate productivity became apparent. We also show that the decline in the labor income share can be attributed to computerization, which substitutes labor across all industries.
主题Macroeconomics ; Consumption and Investment ; Development and Growth ; Growth and Productivity
URLhttps://www.nber.org/papers/w24357
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582029
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Sangmin Aum,Sang Yoon ,Yongseok Shin. Computerizing Industries and Routinizing Jobs: Explaining Trends in Aggregate Productivity. 2018.
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