Year: 2018
Type: article
Abstract: This paper aims to analyze the relationship between technological change and unemployment across the United States. Building on previous research, I run a two-stage least- squares regression that links technological change to unemployment. Technological change is proxied with commercially-supplied research and development expenditures. I acquire data from the Bureau of Labor Statistics on unemployment rates and data from the National Science Foundation on research and development expenditures from 2002-2013 for each state. Control variables include GDP, the minimum wage, education expenditures, violent crime and property crime rates, union coverage, unemployment benefits, and poverty rates. I find evidence that technological change displaces labor in the United States, but the magnitude of the effect is small.
Author: Courtney Krousie
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2936456814