Comment on “Structural transformation and the rise of information technology” by Gallipoli and Makridis

Benjamin Pugsley

Journal of Monetary Economics, 2018, vol. 97, issue C, 111-116

Abstract: “Structural transformation and the rise of information technology” by Gallipoli and Makridis provides compelling evidence on the effects of increasingly productive IT-intensive occupations on within-sector productivity growth. I discuss their results and link them to patterns of aggregate productivity growth. While there are limits to aggregate conclusions from within-sector patterns, their findings provide rich empirical restrictions on equilibrium models of structural transformation.

Keywords: Structural transformation; Information technology; Skill-biased technical change; Productivity (search for similar items in EconPapers)
JEL-codes: E00 E24 O33 O40 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:eee:moneco:v:97:y:2018:i:c:p:111-116

DOI: 10.1016/j.jmoneco.2018.05.009

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