Not logged in.
Quick Search - Contribution
Contribution Details
| Type | Journal Article |
| Scope | Discipline-based scholarship |
| Title | Directed technical change in labor and environmental economics |
| Organization Unit | |
| Authors |
|
| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
|
| Journal Title | Annual Review of Economics |
| Publisher | Annual Reviews |
| Geographical Reach | international |
| ISSN | 1941-1383 |
| Volume | 13 |
| Page Range | 571 - 597 |
| Date | 2021 |
| Abstract Text | It is increasingly evident that the direction of technological change responds to economic incentives. We review the literature on directed technical change in the context of environmental economics and labor economics, and we show that these fields have much in common both theoretically and empirically. We emphasize the importance of a balanced growth path and show that the lack of such a path is closely related to the slow development of green technologies in environmental economics and to growing inequality in labor economics. We discuss whether the direction of innovation is efficient. |
| Digital Object Identifier | 10.1146/annurev-economics-092120-044327 |
| Other Identification Number | merlin-id:21432 |
| PDF File |
Download from ZORA
|
| Export |
BibTeX
EP3 XML (ZORA)
|
| Keywords | endogenous growth, automation, directed technical change, climate change, income inequality |