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- W3132139308 abstract "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." @default.
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- W3132139308 date "2019-01-01" @default.
- W3132139308 modified "2023-10-16" @default.
- W3132139308 title "Factor Reallocation and Growth: What if There Are Labor Saving Innovations?" @default.
- W3132139308 doi "https://doi.org/10.2139/ssrn.3410451" @default.
- W3132139308 hasPublicationYear "2019" @default.
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