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Title: Engines of Sectoral Labor Productivity Growth

Citation Type: Miscellaneous

Publication Year: 2019

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Abstract: We study the origins of labor productivity growth and its differences across sectors. In our model, sectors employ workers of different occupations and various forms of capital, none of which are perfect substitutes, and technology evolves at the sector-factor cell level. Using the model we infer technologies from US data over 1960-2017. We find sector-specific routine labor augmenting technological change to be crucial. It is the most important driver of sectoral differences, and has a large and increasing contribution to aggregate labor productivity growth. Neither capital accumulation nor the occupational employment structure within sectors explains much of the sectoral differences.

Url: https://ideas.repec.org/p/ukc/ukcedp/1901.html

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Authors: Bárány, Zsófia L.; Siegel, Christian

Publisher: School of Economics, University of Kent

Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure, Other

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