Template-type: ReDIF-Paper 1.0
Author-Name: Dosi, Giovanni
Author-Email: gdosi@santannapisa.it
Author-Workplace-Name: Institute of Economics, Scuola Superiore Sant’Anna, Pisa
Author-Name: Piva, Mariacristina
Author-Email: mariacristina.piva@unicatt.it
Author-Workplace-Name: Department of Economic Policy, Università Cattolica del
	 Sacro Cuore, Piacenza
Author-Name: Virgillito, Maria Enrica
Author-Email: mariaenrica.virgillito@unicatt.it
Author-Workplace-Name: Department of Economic Policy, Università Cattolica del
	 Sacro Cuore, Milano
Author-Name: Vivarelli, Marco
Author-Email: vivarelli@merit.unu.edu
Author-Workplace-Name: UNU-MERIT, Department of Economic Policy, Università Cattolica
	 del Sacro Cuore, Milano, and IZA, Bonn
Title: Embodied and disembodied technological change: the sectoral patterns of
	 job-creation and job-destruction
Abstract: This paper addresses, both theoretically and empirically, the sectoral 
	 patterns of job creation and job destruction in order to distinguish the 
	 alternative effects of embodied vs disembodied technological change 
	 operating into a vertically connected economy. Disembodied technological 
	 change turns out to positively affect employment dynamics in the 
	 "upstream'' sectors, while expansionary investment does so in the 
	 "downstream'' industries. Conversely, the replacement of obsolete 
	 capital vintages tends to exert a negative impact on labour demand, 
	 although this effect turns out to be statistically less robust.
Classification-JEL: O14, O31, O33
Keywords: Innovation, disembodied and capital-embodied technological change, employment,
	 job-creation, job-destruction, sectoral interdependencies
Series: UNU-MERIT Working Papers
Creation-Date: 20190604
Number: 2019-020
File-URL: https://unu-merit.nl/publications/wppdf/2019/wp2019-020.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2019020