Embodied and disembodied technological change: The sectoral patterns of job-creation and job-destruction

Giovanni Dosi, Mariacristina Piva, Maria Enrica Virgillito and Marco Vivarelli ()

Research Policy, 2021, vol. 50, issue 4

Abstract: This paper addresses, both theoretically and empirically, the sectoral patterns of job creation and job destruction in order to distinguish the alternative effects of embodied vs disembodied technological change operating into a two-sector economy. Disembodied technological change turns out to positively affect employment dynamics in the “upstream” sectors, while expansionary investment does so in the “downstream” industries. However, these labour-friendly impacts are barely significant from a statistical point of view. Conversely, the replacement of obsolete capital vintages tends to exert a negative impact on labour demand and this effect turns out to be highly significant.

Keywords: Innovation; Disembodied and capital-embodied technological change; Employment; Job-creation; Job-destruction; Sectoral interdependencies (search for similar items in EconPapers)
JEL-codes: O14 O31 O33 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (65)

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Related works:
Working Paper: Embodied and Disembodied Technological Change: The Sectoral Patterns of Job-Creation and Job-Destruction (2019)
Working Paper: Embodied and disembodied technological change: the sectoral patterns of job-creation and job-destruction (2019)
Working Paper: Embodied and disembodied technological change: the sectoral patterns of job-creation and job-destruction (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:50:y:2021:i:4:s0048733321000032

DOI: 10.1016/j.respol.2021.104199

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