Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2023.2172598
Do technical change and mechanisation negatively affect employment in the manufacturing sectors? An empirical assessment for the OECD countries
Fahd Boundi-Chraki
Sažetak
The present study is aimed at assessing the impacts of technological
change and mechanisation on employment in the manufacturing
sectors of the OECD countries over the 1995-2018 period. To achieve
this goal, the vertically integrated labour productivity and the vertically
integrated capital-labour ratio were computed as measures of
technological progress and capital intensity per unit of labour,
whereas the CS-ARDL and CS-DL approaches were applied to obtain
robust results in the presence of cross-sectional dependence and
slope heterogeneity. The findings suggest that both technical
change and mechanisation may lead to a relative decrease in
employment in the short-run and long-run, though for skilled workers
the effects appear to be positive. This increase in demand for
skilled labour, however, may not be able to compensate for the
decline in medium and lesser skilled labourers.
Ključne riječi
employment; capital accumulation; input-output; panel data; CS-ARDL; CS-DL
Hrčak ID:
306833
URI
Datum izdavanja:
30.4.2023.
Posjeta: 173 *