Labor-Saving Technology

A Labor-Saving Technology is a technological innovation that reduces the number of workers per unit of economic output.

• See: Self-Service Kiosk, Worker Deskilling.

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References

2002

• (Kumar & Russell, 2002) ⇒ Subodh Kumar, and R. Robert Russell. (2002). “Technological Change, Technological Catch-up, and Capital Deepening: relative contributions to growth and convergence.” In: American Economic Review.
  • QUOTE: … much of convergence that we observe is due to convergence in technology versus … determined conceptually by the state-of-the-art, potentially transferable technology; the second … as countries adopt "best practice" technologies and reduce (or exacerbate) technical and allocation …

1956

• (Kendrick, 1956) ⇒ John Kendrick. (1956). “Productivity Trends: capital and labor.” In: Productivity Trends: Capital and Labor, NBER.

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