研讨論文

Directed Technical Change(Acemoglu. 2002)

主講人

陳健英（中經管2023級博士生）

論文簡介

For many problems in macroeconomicsdevelopment economics, labour economics, andinternational trade, whether technical change is biased towards particular factors is of central importance. This paper develops a simple framework to analyse the forces that shape these biases. There are two major forces affecting equilibrium bias:the price effect and the market effect.While the former Size encourages innovations directed at scarce factors, the latter leads to technical change favouring abundant factors. The elasticity of substitution between different factors regulates how powerful these effects are, determining how technical change and factor prices respond to changes inrelative supplies. If the elasticity of substitution is sufficiently large, the long run relative demand for a factor can slope up.

I apply this framework to develop possible explanations to the following questions: why technical change over the past 60 years was skill biased, and why the skill bias may have accelerated over the past 25 years? Why new technologies introduced during the late eighteenthand early nineteenth centuries were unskill biased?What is the effect of biased technical change on the income gap between rich and poor countries? Does international trade affect the skill bias of technical change? What are the implications of wage push for technical change? Why is technical change generally labour augmenting rather than capital augmenting?

時間

11月30日18:30-21:30

地點

學術會堂712

主持人/點評老師

王忏 明洋

活動對象

韦德体育bevictor、金融學院學生

人數規模

30人

主辦單位

韦德体育bevictor中國經濟與管理研究院、金融學院聯合主辦

撰稿：陳健英

審稿：明洋

責編：沈嘉怡

審核：王穎