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Labor Market Dynamics and Technology Adoption: Theory and Empirical Evidence

Author

Listed:
  • Stilianos Alexiadis

    (Ministry of Rural Development & Foods)

  • Konstantinos Eleftheriou

    (University of Piraeus)

  • Peter Nijkamp

    (VU University Amsterdam)

Abstract

Using 'search' theory, technology adoption is conceived of as a critical factor in the aftermath of a technological shock, which increases employment in the leading sectors and total output in the economy. These implications are further investigated in the present paper, both formally and empirically. Our attempt to investigate this hypothesis empirically across ten OECD countries, appears to provide various affirmative results.

Suggested Citation

  • Stilianos Alexiadis & Konstantinos Eleftheriou & Peter Nijkamp, 2011. "Labor Market Dynamics and Technology Adoption: Theory and Empirical Evidence," Tinbergen Institute Discussion Papers 11-163/3, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:20110163
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    References listed on IDEAS

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    More about this item

    Keywords

    Search Theory; Technological Shock; Technology Adoption;
    All these keywords.

    JEL classification:

    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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