Labor-saving and labor-augmenting technological changes have different economic impacts
the verdict
SUPPORTED
the evidence backs this
confidence 83/100
Economic and technological literature supports the premise that labor-saving and labor-augmenting technological changes generate distinct economic outcomes regarding factor shares, wages, and employment dynamics.
Evidence for · 2
Relative Wages, Openness and Skill-Biased Technological Change
2002 · cited by 19
Paper [0] illustrates how skill-biased technological change alters relative demand and wages for specific types of labor.
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More for · 1
Labor- and Capital-Augmenting Technical Change
2003 · cited by 1
Paper [11] formally analyzes and distinguishes the different economic impacts and transitional dynamics of labor- and capital-augmenting technical changes.