Labor Supply and Directed Technical Change: Evidence from the Abrogation of the Bracero Program in 1964"
Event details
| Date | 09.11.2020 |
| Hour | 17:00 |
| Speaker | Muly San (New York University - Department of Economics) |
| Location |
Zoom
|
| Category | Conferences - Seminars |
Muly San (New York University - Department of Economics)
"Labor Supply and Directed Technical Change: Evidence from the Abrogation of the Bracero Program in 1964"
Discussant: Ethan Lewis (Dartmouth College)
Abstract
In 1964, around 11% of agricultural workers in America were prevented from entering the labor force. Using a text-search algorithm allocating patents to crops, I show that a negative labor-supply shock induced a sharp increase in innovation in technologies related to more affected crops. The effect is stronger for technology related to labor-intensive production tasks.
Keywords: Directed Technical Change, Labor Supply, Induced Innovation, Automation, Im-
migration Restrictions, Bracero
EPFL Virtual Innovation Seminar
EVIS is a bi-weekly virtual seminar series focusing on Science, Technology and Innovation topics studied through the lens of Economics, Entrepreneurship, Strategy and Finance.
"Labor Supply and Directed Technical Change: Evidence from the Abrogation of the Bracero Program in 1964"
Discussant: Ethan Lewis (Dartmouth College)
Abstract
In 1964, around 11% of agricultural workers in America were prevented from entering the labor force. Using a text-search algorithm allocating patents to crops, I show that a negative labor-supply shock induced a sharp increase in innovation in technologies related to more affected crops. The effect is stronger for technology related to labor-intensive production tasks.
Keywords: Directed Technical Change, Labor Supply, Induced Innovation, Automation, Im-
migration Restrictions, Bracero
EPFL Virtual Innovation Seminar
EVIS is a bi-weekly virtual seminar series focusing on Science, Technology and Innovation topics studied through the lens of Economics, Entrepreneurship, Strategy and Finance.
Practical information
- General public
- Free