| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26658 |
| 来源ID | Working Paper 26658 |
| Growth, Automation and the Long Run Share of Labor | |
| Debraj Ray; ⓡ; Dilip Mookherjee | |
| 发表日期 | 2020-01-20 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We provide an argument for long-term automation and decline in the labor income share, driven by capital accumulation rather than technical progress or rising markups. We emphasize a fundamental asymmetry across physical and human capital. An individual can indefinitely replicate her claims on the former, but — after a point — her human endowment cannot be cloned and rescaled in the same way. Then ongoing capital accumulation gives rise to progressive automation, and the share of labor income converges to zero. The displacement of human labor is gradual, and real wages could rise indefinitely. The results extend to endogenous technical change. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Supply and Demand ; Labor Compensation ; Development and Growth ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w26658 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584332 |
| 推荐引用方式 GB/T 7714 | Debraj Ray,ⓡ,Dilip Mookherjee. Growth, Automation and the Long Run Share of Labor. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26658.pdf（908KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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