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More on the employment effects of innovation

Author

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  • Hall, P.H.
  • Heffernan, S.A.

Abstract

This paper discusses in the context of a fully specified model Hagen's argument that technological innovation increases unemployment, tends to immiserate, and increases the inequality of income distribution. The employment consequences are stressed, but since the conclusions in relation to this issue are ambiguous, it is also concluded that there is ambiguity in relation to the other questions.

Suggested Citation

  • Hall, P.H. & Heffernan, S.A., 1985. "More on the employment effects of innovation," Journal of Development Economics, Elsevier, vol. 17(1), pages 151-162.
    • Handle: RePEc:eee:deveco:v:17:y:1985:i:1:p:151-162
    DOI: 10.1016/0304-3878(85)90028-8
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    References listed on IDEAS

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    1. Sinclair, Peter J N, 1981. "When Will Technical Progress Destroy Jobs?," Oxford Economic Papers, Oxford University Press, vol. 33(1), pages 1-18, March.
    2. Cline, William R., 1975. "Distribution and development : A survey of literature," Journal of Development Economics, Elsevier, vol. 1(4), pages 359-400, November.
    3. Neary, J Peter, 1981. "On the Short-Run Effects of Technological Progress," Oxford Economic Papers, Oxford University Press, vol. 33(2), pages 224-233, July.
    4. Morawetz, David, 1974. "Employment Implications of Industrialisation in Developing Countries: A Survey," Economic Journal, Royal Economic Society, vol. 84(335), pages 491-542, September.
    5. Hulten, Charles R, 1975. "Technical Change and the Reproducibility of Capital," American Economic Review, American Economic Association, vol. 65(5), pages 956-965, December.
    6. Hagen, Everett E., 1982. "Technological disemployment and economic growth," Journal of Development Economics, Elsevier, vol. 10(2), pages 171-186, April.
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