Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/87385 
Year of Publication: 
2011
Series/Report no.: 
Tinbergen Institute Discussion Paper No. 11-163/3
Publisher: 
Tinbergen Institute, Amsterdam and Rotterdam
Abstract: 
Using 'search' theory, technology adoption is conceived of as a critical factor in the aftermath of a technological shock, which increases employment in the leading sectors and total output in the economy. These implications are further investigated in the present paper, both formally and empirically. Our attempt to investigate this hypothesis empirically across ten OECD countries, appears to provide various affirmative results.
Subjects: 
Search Theory
Technological Shock
Technology Adoption
JEL: 
J62
J64
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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