000			01572nab a2200229 c 4500
999			_c150210 _d150210
003			ES-MaIEF
005			20250205111259.0
007			ta
008			250205t2024 xxu||||| |||| 00| 0eng d
040			_aES-MaIEF _bspa _cES-MaIEF
100	1		_972260 _aJones, Benjamin F.
245	1	2	_aA framework for economic growth with capital-embodied technical change _c Benjamin F. Jones and Xiaojie Liu
504			_aBibliografía.
520			_aTechnological advance is often embodied in capital inputs, like computers, airplanes, and robots. This paper builds a framework where capital inputs advance through (i) increased automation and (ii) increased productivity. The interplay of these two innovation dimensions can produce balanced growth, satisfying the Uzawa Growth Theorem even though technological progress is capital-embodied. The framework can further address structural transformation, general-purpose technologies, the limited macroeconomic impact of computing, and declining productivity growth and labor shares. Overall, this tractable framework can help resolve puzzling tensions between micro-level observations of innovation and balanced growth while providing new perspectives on numerous macroeconomic phenomena.
650		4	_942572 _aDESARROLLO TECNOLOGICO
650		4	_932253 _aAUTOMATIZACION
650		4	_947661 _aMACROECONOMIA
650		4	_950224 _aDESARROLLO ECONOMICO
700			_965495 _aCoyne, David
773	0		_9172163 _oOP 234/2024/5 _tThe American Economic Review _w(IEF)103372 _x 0002-8282 _g v. 114, n. 5, May 2024, p. 1448-1487.
942			_cART