Technological Progress and the Distribution of Productivities across Sectors
This paper studies the impact of the process of technological change on the distribution of productivities and profits across sectors. We find that if technological progress affects high-tech and traditional sectors differently, the impact of changes in the determinants of economic growth may differ depending on which is the actual change. When an economy is growing faster due to an increase in the productivity of research or to a reduction of the taxes on capital accumulation, inequality will decrease. However, if faster growth is due to the presence of tax incentives to high technology sectors or to structural changes that allow a better absorption of externalities, inequality will increase.
|Date of creation:||29 Aug 2002|
|Date of revision:|
|Contact details of provider:|| Postal: Office of the Secretary-General, Rm E35, The Bute Building, Westburn Lane, St Andrews, KY16 9TS, UK|
Phone: +44 1334 462479
Web page: http://www.res.org.uk/society/annualconf.asp
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ecj:ac2002:142. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum)
If references are entirely missing, you can add them using this form.