Should the Personal Computer Be Considered a Technological Revolution? Evidence from U.S. Metropolitan Areas
Paul Beaudry (),
Mark Doms () and
Ethan Lewis ()
Journal of Political Economy, 2010, vol. 118, issue 5, 988 - 1036
The introduction and diffusion of personal computers are widely viewed as a technological revolution. Using U.S. metropolitan area-level panel data, this paper asks whether links between PC adoption, educational attainment, and the return to skill conform to a model of technological revolutions in which the speed and extent of adoption are endogenous. The model implies that cities will adjust differently to the arrival of a more skill-intensive means of production, with the returns to skill increasing most where skill is abundant and its return is low. We show that the cross-city data fit many of the predictions of the model during the period 1980-2000, the PC diffusion era.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (94) Track citations by RSS feed
Downloads: (external link)
Access to the online full text or PDF requires a subscription.
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:ucp:jpolec:doi:10.1086/658371
Access Statistics for this article
More articles in Journal of Political Economy from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().