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Embodied and disembodied technological change: The sectoral patterns of job-creation and job-destruction

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  • Dosi, G.
  • Piva, M.
  • Virgillito, M.E.
  • Vivarelli, M.

Abstract

This paper addresses, both theoretically and empirically, the sectoral patterns of job creation and job destruction in order to distinguish the alternative effects of embodied vs disembodied technological change operating into a two-sector economy. Disembodied technological change turns out to positively affect employment dynamics in the “upstream” sectors, while expansionary investment does so in the “downstream” industries. However, these labour-friendly impacts are barely significant from a statistical point of view. Conversely, the replacement of obsolete capital vintages tends to exert a negative impact on labour demand and this effect turns out to be highly significant.

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  • Dosi, G. & Piva, M. & Virgillito, M.E. & Vivarelli, M., 2021. "Embodied and disembodied technological change: The sectoral patterns of job-creation and job-destruction," Research Policy, Elsevier, vol. 50(4).
  • Handle: RePEc:eee:respol:v:50:y:2021:i:4:s0048733321000032
    DOI: 10.1016/j.respol.2021.104199
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    Cited by:

    1. Damioli, Giacomo & Van Roy, Vincent & Vertesy, Daniel & Vivarelli, Marco, 2021. "May AI Revolution Be Labour-Friendly? Some Micro Evidence from the Supply Side," IZA Discussion Papers 14309, Institute of Labor Economics (IZA).
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    3. Dosi, Giovanni & Riccio, Federico & Virgillito, Maria Enrica, 2021. "Varieties of deindustrialization and patterns of diversification: why microchips are not potato chips," Structural Change and Economic Dynamics, Elsevier, vol. 57(C), pages 182-202.
    4. Fabio Montobbio & Jacopo Staccioli & Maria Enrica Virgillito & Marco Vivarelli, 2020. "Robots and the origin of their labour saving impact," DISCE - Quaderni del Dipartimento di Politica Economica dipe0009, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    5. Giacomo Damioli & Vincent Van Roy & Daniel Vertesy & Marco Vivarelli, 2021. "Detecting the labour-friendly nature of AI product innovation," DISCE - Quaderni del Dipartimento di Politica Economica dipe0017, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    6. Barbieri, Laura & Mussida, Chiara & Piva, Mariacristina & Vivarelli, Marco, 2019. "Testing the employment and skill impact of new technologies: A survey and some methodological issues," MERIT Working Papers 2019-032, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    7. Damioli, Giacomo & Van Roy, Vincent & Vertesy, Daniel & Vivarelli, Marco, 2021. "Will the AI revolution be labour-friendly? Some micro evidence from the supply side," MERIT Working Papers 2021-016, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    8. Giovanni Dosi & Marcelo C. Pereira & Andrea Roventini & Maria Enrica Virgillito, 2021. "Technological paradigms, labour creation and destruction in a multi-sector agent-based model," LEM Papers Series 2021/17, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.

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    More about this item

    Keywords

    Innovation; Disembodied and capital-embodied technological change; Employment; Job-creation; Job-destruction; Sectoral interdependencies;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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