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Title: Computerising industries and routinising jobs: Explaining trends in aggregate productivity

Citation Type: Miscellaneous

Publication Year: 2018

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Abstract: The past three decades have seen unprecedented technological development, with major impacts on labour markets and the economy as a whole. This column investigates how automation and the increased use of computers has affected productivity trends over the last three decades. Results suggest that automation has had a strong effect on slowing down aggregate productivity, despite raising it at the micro level. This is due to the reallocation of factor inputs across occupations and industries.

Url: http://pinguet.free.fr/aum2018-.pdf

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Authors: Aum, Sangmin; Lee, Tim; Shin, Yongseok

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Data Collections: IPUMS USA

Topics: Methodology and Data Collection

Countries: United States