The Role of Manufacturing-specific Technology in Determining the Composition of Hours Worked in Korea

Bae-Geun Kim and Kwang Hwan Kim

Global Economic Review, 2010, vol. 39, issue 2, 197-214

Abstract: This paper investigates the role of manufacturing-specific and neutral technological changes in explaining the dramatic shift in hours worked from the manufacturing toward the service sector. The finding is that manufacturing-specific technological changes are the main contributor to the shift in hours worked while neutral technological changes seem to play only a minor role in explaining it.

Keywords: Manufacturing-specific technological changes; neutral technological changes; relative prices; structural VAR (search for similar items in EconPapers)
Date: 2010
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DOI: 10.1080/1226508X.2010.483838

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