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Engines of sectoral labor productivity growth

Zsofia Barany () and Christian Siegel

Review of Economic Dynamics, 2021, vol. 39, 304-343

Abstract: We study the origins of labor productivity growth and its differences across sectors. In our model, sectors employ workers of different occupations and various forms of capital, none of which are perfect substitutes, and technology evolves at the sector-factor cell level. Using the model we infer technologies from US data over 1960-2017. We find that sectoral differences in labor productivity growth are largely due to sectoral differences in the growth rate of routine labor augmenting technologies. Neither capital accumulation nor the occupational employment structure within sectors explains much of the sectoral differences in labor productivity growth. (Copyright: Elsevier)

Keywords: Biased technological change; Structural transformation; Labor productivity (search for similar items in EconPapers)
JEL-codes: O41 O33 J24 (search for similar items in EconPapers)
Date: 2021
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http://dx.doi.org/10.1016/j.red.2020.07.007
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Working Paper: Engines of Sectoral Labor Productivity Growth (2019) Downloads
Working Paper: Engines of Sectoral Labor Productivity Growth (2019) Downloads
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DOI: 10.1016/j.red.2020.07.007

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