dc.contributor.author | Brasch, Thomas von | |
dc.date.accessioned | 2019-01-14T13:56:21Z | |
dc.date.available | 2019-01-14T13:56:21Z | |
dc.date.issued | 2015-02-19 | |
dc.identifier.citation | Brasch, T. (2016). Empirical Economics, 50(2), 595–621 https://doi.org/10.1007/s00181-015-0938-7 | nb_NO |
dc.identifier.issn | 1435-8921 | |
dc.identifier.uri | http://hdl.handle.net/11250/2580536 | |
dc.description.abstract | The empirical literature studying the sector bias of technical change has only focused on skill-biased technical change. In this paper, I analyse the sector bias of both factor-neutral and factor-biased technical change. In Norwegian data from 1972 to 2007, the empirical evidence is not clear on the impact of a sector bias of skill-biased technical change, but it points to a sector bias of factor-neutral technical change from the 1970s to the 1990s. That said, the impact of the sector bias seems to have reduced towards the latter part of the sample period. I also evaluate the cross-sectional model used in the literature and show the strong restrictions that must be placed on a vector equilibrium correction model to end up with the standard model. If these restrictions do not hold, the results reported in the literature may be biased. I show that the restrictions are strongly rejected, and that erroneously imposing them significantly changes the estimates of skill-biased technical change in many sectors. These results can, to some extent, be traced back to how the cross-sectional model ignores initial disequilibrium and imposes factors of production to be either complements or substitutes. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.publisher | Springer | nb_NO |
dc.subject | Econometric modelling | nb_NO |
dc.subject | Sector bias | nb_NO |
dc.subject | Technical change | nb_NO |
dc.title | Identifying the sector bias of technical change | nb_NO |
dc.type | Journal article | nb_NO |
dc.type | Peer reviewed | nb_NO |
dc.description.version | acceptedVersion | nb_NO |
dc.rights.holder | Springer | nb_NO |
dc.subject.nsi | VDP::Samfunnsvitenskap: 200::Økonomi: 210 | nb_NO |
dc.source.pagenumber | 595-621 | nb_NO |
dc.source.volume | 50 | nb_NO |
dc.source.journal | Empirical Economics | nb_NO |
dc.source.issue | 2 | nb_NO |
dc.identifier.doi | https://doi.org/10.1007/s00181-015-0938-7 | |