A note on the effects of skill-biased technical change on productivity flattening
Christian Hutter and
Economics Bulletin, 2019, vol. 39, issue 2, 772-784
This paper examines the role of skill-biased technical change (SBTC) in the flattening of productivity growth and its effects on hours worked. We employ a structural macroeconometric analysis based on comprehensive micro data. The results show that 69 percent of the slowdown in productivity growth in Germany since the early 2000s can be explained by the flattening of SBTC. Furthermore, skill-biased technology shocks reduce hours, whereas skill-neutral technology shocks have a positive effect on hours in the long run.
Keywords: productivity; technology shocks; skill bias; hours worked; SVAR (search for similar items in EconPapers)
JEL-codes: O3 J2 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-18-00855
Access Statistics for this article
More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().