Factor reallocation and growth: what if there are labor saving innovations?

We claim that the standard methodology to study the effects of the reallocation of factors on growth is not adequate in the presence of biased innovations. Labor-saving innovations increase output per worker and may decrease the marginal productivity of labor. Therefore, a reallocation of labor from...

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Autores:
Zuleta, Hernando
Gamboa, Daniel
Tipo de recurso:
Work document
Fecha de publicación:
2019
Institución:
Universidad de los Andes
Repositorio:
Séneca: repositorio Uniandes
Idioma:
spa
OAI Identifier:
oai:repositorio.uniandes.edu.co:1992/41076
Acceso en línea:
http://hdl.handle.net/1992/41076
Palabra clave:
Factor reallocation
Capital using and labor saving innovations
Factor income shares
Structural change
D33, O11, O31, O33, J30
Rights
openAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/
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spelling Al consultar y hacer uso de este recurso, está aceptando las condiciones de uso establecidas por los autores.http://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Zuleta, Hernandoced9e82b-60cc-48bd-9a67-8364eace649a400Gamboa, Daniel935e13cc-ed30-4350-a271-d1944889c04e5002020-07-28T17:16:05Z2020-07-28T17:16:05Z20191657-5334http://hdl.handle.net/1992/410761657-719110.57784/1992/41076instname:Universidad de los Andesreponame:Repositorio Institucional Sénecarepourl:https://repositorio.uniandes.edu.co/We claim that the standard methodology to study the effects of the reallocation of factors on growth is not adequate in the presence of biased innovations. Labor-saving innovations increase output per worker and may decrease the marginal productivity of labor. Therefore, a reallocation of labor from a sector with higher output per worker to a sector with lower output per worker may be productivity enhancing.13 páginasspaUniversidad de los Andes, Facultad de Economía, CEDEDocumentos CEDE No. 12 Marzo de 2019https://ideas.repec.org/p/col/000089/017199.htmlFactor reallocation and growth: what if there are labor saving innovations?Documento de trabajoinfo:eu-repo/semantics/workingPaperhttp://purl.org/coar/resource_type/c_8042http://purl.org/coar/version/c_970fb48d4fbd8a85Texthttps://purl.org/redcol/resource_type/WPFactor reallocationCapital using and labor saving innovationsFactor income sharesStructural changeD33, O11, O31, O33, J30Facultad de EconomíaPublicationTEXTdcede2019-12.pdf.txtdcede2019-12.pdf.txtExtracted texttext/plain26595https://repositorio.uniandes.edu.co/bitstreams/15f1c3a9-ad5b-4810-b563-ef9622ce14cf/downloadb5fe437079c3f14dabd52ce5984e66edMD54THUMBNAILdcede2019-12.pdf.jpgdcede2019-12.pdf.jpgIM Thumbnailimage/jpeg11293https://repositorio.uniandes.edu.co/bitstreams/c646845f-bb80-4508-966a-0d08a731c040/download2d4bbe94c9b3bae5219ce2fe0a601991MD55ORIGINALdcede2019-12.pdfdcede2019-12.pdfapplication/pdf533098https://repositorio.uniandes.edu.co/bitstreams/974fb9be-e132-4ad3-8ba7-e12d1e351b29/download357d2ed752e22cf8126adfcae61de36eMD511992/41076oai:repositorio.uniandes.edu.co:1992/410762024-06-04 15:25:54.576http://creativecommons.org/licenses/by-nc-nd/4.0/open.accesshttps://repositorio.uniandes.edu.coRepositorio institucional Sénecaadminrepositorio@uniandes.edu.co
dc.title.none.fl_str_mv Factor reallocation and growth: what if there are labor saving innovations?
title Factor reallocation and growth: what if there are labor saving innovations?
spellingShingle Factor reallocation and growth: what if there are labor saving innovations?
Factor reallocation
Capital using and labor saving innovations
Factor income shares
Structural change
D33, O11, O31, O33, J30
title_short Factor reallocation and growth: what if there are labor saving innovations?
title_full Factor reallocation and growth: what if there are labor saving innovations?
title_fullStr Factor reallocation and growth: what if there are labor saving innovations?
title_full_unstemmed Factor reallocation and growth: what if there are labor saving innovations?
title_sort Factor reallocation and growth: what if there are labor saving innovations?
dc.creator.fl_str_mv Zuleta, Hernando
Gamboa, Daniel
dc.contributor.author.none.fl_str_mv Zuleta, Hernando
Gamboa, Daniel
dc.subject.keyword.none.fl_str_mv Factor reallocation
Capital using and labor saving innovations
Factor income shares
Structural change
topic Factor reallocation
Capital using and labor saving innovations
Factor income shares
Structural change
D33, O11, O31, O33, J30
dc.subject.jel.none.fl_str_mv D33, O11, O31, O33, J30
description We claim that the standard methodology to study the effects of the reallocation of factors on growth is not adequate in the presence of biased innovations. Labor-saving innovations increase output per worker and may decrease the marginal productivity of labor. Therefore, a reallocation of labor from a sector with higher output per worker to a sector with lower output per worker may be productivity enhancing.
publishDate 2019
dc.date.issued.none.fl_str_mv 2019
dc.date.accessioned.none.fl_str_mv 2020-07-28T17:16:05Z
dc.date.available.none.fl_str_mv 2020-07-28T17:16:05Z
dc.type.spa.fl_str_mv Documento de trabajo
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dc.identifier.doi.none.fl_str_mv 10.57784/1992/41076
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url http://hdl.handle.net/1992/41076
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language spa
dc.relation.ispartofseries.none.fl_str_mv Documentos CEDE No. 12 Marzo de 2019
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eu_rights_str_mv openAccess
dc.format.extent.none.fl_str_mv 13 páginas
dc.publisher.none.fl_str_mv Universidad de los Andes, Facultad de Economía, CEDE
publisher.none.fl_str_mv Universidad de los Andes, Facultad de Economía, CEDE
institution Universidad de los Andes
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