Workers, Machines and Economic Growth

Joseph Zeira

No 1139, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This paper models technology adoption as replacing workers by machines, which perform the same job in the production process. The paper shows that such modelling of technology adoption affects significantly the analysis of economic growth. This model can explain large and persistent international differences in output levels and growth rates, caused by small differences in underlying parameters.

Keywords: Convergence; Economic Growth; Income Distribution; Technology Adoption (search for similar items in EconPapers)
JEL-codes: O14 O33 O40 O41 (search for similar items in EconPapers)
Date: 1995-03
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=1139 (application/pdf)

Related works:
Journal Article: Workers, Machines, and Economic Growth (1998)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:1139

Ordering information: This working paper can be ordered from
http://www.cepr.org/ ... ers/dp.php?dpno=1139

Access Statistics for this paper

More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().