Back to the past: the historical roots of labor-saving automation

被引:0
|
作者
Jacopo Staccioli
Maria Enrica Virgillito
机构
[1] Scuola Superiore Sant’Anna,Institute of Economics and EMbeDS
[2] Università Cattolica del Sacro Cuore,Department of Economic Policy
来源
Eurasian Business Review | 2021年 / 11卷
关键词
Labor-saving technologies; Search heuristics; Industrial revolutions; Wavelet analysis; O3; C38; J24;
D O I
暂无
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学科分类号
摘要
This paper, relying on a still relatively unexplored long-term dataset on U.S. patenting activity, provides empirical evidence on the history of labor-saving innovations back to early nineteenth century. The identification of mechanization/automation heuristics, retrieved via textual content analysis on current robotic technologies by Montobbio et al. (Robots and the origin of their labour-saving impact, LEM Working Paper Series 2020/03), allows to focus on a limited set of CPC codes where mechanization and automation technologies are more prevalent. We track their time evolution, clustering, eventual emergence of wavy behavior, and their comovements with long-term GDP growth. Our results challenge both the general-purpose technology approach and the strict 50-year Kondratiev cycle, while they provide evidence of the emergence of erratic constellations of heterogeneous technological artefacts, in line with the development-block approach enabled by autocatalytic systems.
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页码:27 / 57
页数:30
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