Replication data for: Do Technological Improvements in the Manufacturing Sector Raise or Lower Employment?
Principal Investigator(s): View help for Principal Investigator(s) Yongsung Chang; Jay H. Hong
Version: View help for Version V1
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LICENSE.txt | text/plain | 14.6 KB | 12/06/2019 10:46:AM |
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readme.pdf | application/pdf | 9.1 KB | 12/06/2019 10:46:AM |
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Project Citation:
Chang, Yongsung, and Hong, Jay H. Replication data for: Do Technological Improvements in the Manufacturing Sector Raise or Lower Employment? Nashville, TN: American Economic Association [publisher], 2006. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-06. https://doi.org/10.3886/E116084V1
Project Description
Summary:
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We find that technology's effect on employment varies greatly across manufacturing industries. Some industries exhibit a temporary reduction in employment in response to a permanent increase in TFP, whereas many more industries exhibit an employment increase in response to a permanent TFP shock. This raises serious questions about existing work that finds a labor productivity shock has a strong negative effect on employment. There are tantalizing and interesting differences between TFP and labor productivity. We argue that TFP is a more natural measure of technology because labor productivity reflects shifts in the input mix as well as in technology.
Scope of Project
JEL Classification:
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J22 Time Allocation and Labor Supply
J24 Human Capital; Skills; Occupational Choice; Labor Productivity
L60 Industry Studies: Manufacturing: General
O47 Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
J22 Time Allocation and Labor Supply
J24 Human Capital; Skills; Occupational Choice; Labor Productivity
L60 Industry Studies: Manufacturing: General
O47 Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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