Technology and Labor Regulations: Theory and Evidence

Michele Battisti, Alberto Alesina, Joseph Zeira

Risultato della ricerca: Articlepeer review

7 Citazioni (Scopus)

Abstract

This paper shows that different labor market policies can lead to differences in technology across sectors in a model of labor saving technologies. Labor market regulations reduce the skill premium and as a result, if technologies are labor saving, countries with more stringent labor regulation, which bind more for low skilled workers, become less technolog- ically advanced in their high skill sectors, but more technologically advanced in their low skill sectors. We then present data on capital-output ratios, on estimated productivity levels and on patent creation, which tend to support the predictions of our model.
Lingua originaleEnglish
pagine (da-a)41-78
Numero di pagine38
RivistaJournal of Economic Growth
Stato di pubblicazionePublished - 2018

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

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