Technological progress, human capital, and employment rate: an empirical analysis using P-ARDL models from 1960-2019
ABSTRACT This paper aims to investigate the effects of technological progress, education, and human capital on employment in the short and long run using an econometric ARDL model for the period 1960-2019 across developed and developing countries. The hypothesis was that technological progress destr...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Editora 34
2024-12-01
|
| Series: | Brazilian Journal of Political Economy |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572025000100204&lng=en&tlng=en |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1841556571962736640 |
|---|---|
| author | DAISY CAROLINE NASCIMENTO PEREIRA GUILHERME JONAS COSTA DA SILVA |
| author_facet | DAISY CAROLINE NASCIMENTO PEREIRA GUILHERME JONAS COSTA DA SILVA |
| author_sort | DAISY CAROLINE NASCIMENTO PEREIRA |
| collection | DOAJ |
| description | ABSTRACT This paper aims to investigate the effects of technological progress, education, and human capital on employment in the short and long run using an econometric ARDL model for the period 1960-2019 across developed and developing countries. The hypothesis was that technological progress destroys jobs at a faster rate than investments in education and human capital can create. In the short run, the results confirmed the hypothesis that technological progress destroys relatively more jobs. However, in the long run, the results showed that the coefficients for education and human capital in developing countries outweighed those for technological progress, thus rejecting the hypothesis for this group of countries in the long run. For developed countries, coefficients for technological progress and investments in human capital were positive and significant. |
| format | Article |
| id | doaj-art-6323f3008afa406cbf579987752ef081 |
| institution | Kabale University |
| issn | 1809-4538 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Editora 34 |
| record_format | Article |
| series | Brazilian Journal of Political Economy |
| spelling | doaj-art-6323f3008afa406cbf579987752ef0812025-01-07T07:38:25ZengEditora 34Brazilian Journal of Political Economy1809-45382024-12-0145110.1590/0101-31572025-3472Technological progress, human capital, and employment rate: an empirical analysis using P-ARDL models from 1960-2019DAISY CAROLINE NASCIMENTO PEREIRAhttps://orcid.org/0000-0002-4481-9750GUILHERME JONAS COSTA DA SILVAhttps://orcid.org/0000-0002-0947-0821ABSTRACT This paper aims to investigate the effects of technological progress, education, and human capital on employment in the short and long run using an econometric ARDL model for the period 1960-2019 across developed and developing countries. The hypothesis was that technological progress destroys jobs at a faster rate than investments in education and human capital can create. In the short run, the results confirmed the hypothesis that technological progress destroys relatively more jobs. However, in the long run, the results showed that the coefficients for education and human capital in developing countries outweighed those for technological progress, thus rejecting the hypothesis for this group of countries in the long run. For developed countries, coefficients for technological progress and investments in human capital were positive and significant.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572025000100204&lng=en&tlng=enTechnological ProgressHuman CapitalEmployment |
| spellingShingle | DAISY CAROLINE NASCIMENTO PEREIRA GUILHERME JONAS COSTA DA SILVA Technological progress, human capital, and employment rate: an empirical analysis using P-ARDL models from 1960-2019 Brazilian Journal of Political Economy Technological Progress Human Capital Employment |
| title | Technological progress, human capital, and employment rate: an empirical analysis using P-ARDL models from 1960-2019 |
| title_full | Technological progress, human capital, and employment rate: an empirical analysis using P-ARDL models from 1960-2019 |
| title_fullStr | Technological progress, human capital, and employment rate: an empirical analysis using P-ARDL models from 1960-2019 |
| title_full_unstemmed | Technological progress, human capital, and employment rate: an empirical analysis using P-ARDL models from 1960-2019 |
| title_short | Technological progress, human capital, and employment rate: an empirical analysis using P-ARDL models from 1960-2019 |
| title_sort | technological progress human capital and employment rate an empirical analysis using p ardl models from 1960 2019 |
| topic | Technological Progress Human Capital Employment |
| url | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572025000100204&lng=en&tlng=en |
| work_keys_str_mv | AT daisycarolinenascimentopereira technologicalprogresshumancapitalandemploymentrateanempiricalanalysisusingpardlmodelsfrom19602019 AT guilhermejonascostadasilva technologicalprogresshumancapitalandemploymentrateanempiricalanalysisusingpardlmodelsfrom19602019 |