When does labor scarcity encourage innovation? /

This paper studies the conditions under which the scarcity of a factor (in particular, labor) encourages technological progress and technology adoption. In standard endogenous growth models, which feature a strong scale effect, an increase in the supply of labor encourages technological progress. In...

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Bibliographic Details
Main Author: Acemoglu, Daron
Corporate Author: Massachusetts Institute of Technology Department of Economics
Format: Book
Language:English
Published: Cambridge, MA : Massachusetts Institute of Technology, Dept. of Economics, [2009]
Series:Working paper (Massachusetts Institute of Technology. Department of Economics) ; no. 09-07
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Massachusetts Institute of Technology

Holdings details from Massachusetts Institute of Technology
Call Number: HB31.M415 no.09-07