Template-Type: ReDIF-Paper 1.0 Series: Tinbergen Institute Discussion Papers Creation-Date: 2011-11-16 Number: 11-163/3 Author-Name: Stilianos Alexiadis Author-Workplace-Name: Ministry of Rural Development & Foods Author-Name: Konstantinos Eleftheriou Author-Workplace-Name: University of Piraeus Author-Name: Peter Nijkamp Author-Workplace-Name: VU University Amsterdam Title: Labor Market Dynamics and Technology Adoption: Theory and Empirical Evidence Abstract: Using 'search' theory, technology adoption is conceived of as a critical factor in the aftermath of a technological shock, which increases employment in the leading sectors and total output in the economy. These implications are further investigated in the present paper, both formally and empirically. Our attempt to investigate this hypothesis empirically across ten OECD countries, appears to provide various affirmative results. Classification-JEL: J62, J64 Keywords: Search Theory, Technological Shock, Technology Adoption File-Url: https://papers.tinbergen.nl/11163.pdf File-Format: application/pdf File-Size: 342067 bytes Handle: RePEc:tin:wpaper:20110163