Workers, Machines, and Economic Growth

S-Tier
Journal: Quarterly Journal of Economics
Year: 1998
Volume: 113
Issue: 4
Pages: 1091-1117

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper analyzes a model of economic growth, with technological innovations that reduce labor requirements but raise capital requirements. The paper has two main results. The first is that such technological innovations are not everywhere adopted, but only in countries with high productivity. The second result is that technology adoption significantly amplifies differences in productivity between countries. This paper can, therefore, add to our understanding of large and persistent international differences in output per capita. The model also helps to explain other growth phenomena, like divergence or periods of rapid growth.

Technical Details

RePEc Handle
repec:oup:qjecon:v:113:y:1998:i:4:p:1091-1117.
Journal Field
General
Author Count
1
Added to Database
2026-01-29