Seminar: 'Technological Change and Sectoral Restructuring'

Time: 13.00-14.00 hours
Location: CPB-office, Van Stolkweg 14, The Hague

Presentation: Anna Salomons (UU)

Discussant: Bert Smid (CPB)

Language: English

Registration:  Please register by sending an email to seminars@cpb.nl.

Abstract subject
Using a model consisting of three sectors that differ in their capital intensity, this paper considers the labor market effects of technological progress from a sectoral perspective. The model predicts employment to flow to sectors with high or low capital intensities, at the expense of sectors in the middle of the capital intensity distribution; and Baumol's cost disease. These predictions are tested for 16 developed countries for the period 1970-2007.

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