Autore
Garcia Cervero, SusanaTitolo
Growth, technology and inequality: An industrial approachPeriodico
European University Institute of Badia Fiesolana (Fi). Department of Economics - Working papersAnno:
1997 - Fascicolo:
26 - Pagina iniziale:
1 - Pagina finale:
56This paper presents an alternative way of studying the relationship among factors' inequality, growth and technological progress, heavily based on industrial production data. With a better dataset than those normally used in the literature, a set of econometric predictions derived from our theory have been tested. We find strong support of our two predictions. First, industries experiencing high technological progress demand more skilled labor. Second, there is a negative relationship between the rate of technological progress in an industry and the elasticity of substitution between production and non-production workers. This elasticity seems to be a function of the rate of technological progress actually used in the industry.
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