Implementation of technological breakthroughs at sector level and the technology-bias

Denis Stijepic and Helmut Wagner

MPRA Paper from University Library of Munich, Germany

Abstract: Different goods are produced by different sectors in an economy. The fact that sectors use different production technologies is named technology-bias. The technology-bias is well documented and has important theoretical implications for economic growth and unemployment. We provide a theoretical model that explains the technology-bias and its development. We provide empirical evidence on the development of the technology-bias and explain this development by using our model-results. Last not least, we discuss the implications of our findings for the existing growth literature and structural change literature.

Keywords: sector technology; implementation of technological progress; structural change; growth; multi-sector growth models (search for similar items in EconPapers)
JEL-codes: O14 O39 O41 (search for similar items in EconPapers)
Date: 2011-02-22, Revised 2011-09-13
New Economics Papers: this item is included in nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Related works:
Working Paper: Implementation of technological breakthroughs at sector level and the technology-bias (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:33352

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