Add wos sample results library

2023-09-28 16:46:10 +02:00 · 2023-09-28 16:46:10 +02:00 · 19e409ad85
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+abstract: 'With factor-biased technical progress described as labor-saving and
+
+  skill-biased technical changes, there are concerns that technological
+
+  innovation can lead to unemployment and widen inequality in the economy.
+
+  This study explores impacts of factor-biased technical changes on the
+
+  economic system in terms of economic growth, employment, and
+
+  distribution, using a computable general equilibrium (CGE) model. The
+
+  results show that technological innovation contributes to higher level
+
+  of economic growth with productivity improvements. However, our analysis
+
+  suggests that economic growth accompanied by skill- and capital-biased
+
+  technical progress disproportionately increases demand for capital and
+
+  high-skilled labor over skilled and unskilled labor. This shift in the
+
+  value-added composition is found to deepen income inequality, as more
+
+  people in higher income groups benefit from skill premium and capital
+
+  earnings. Our results suggest that policymakers should prepare a wide
+
+  range of policy measures, such as reforms in educational programs and
+
+  taxation systems, in order to ensure sustainable growth.'
+affiliation: 'Yeo, Y (Corresponding Author), Seoul Natl Univ, Technol Management Econ
+  \& Policy Program, Seoul 151742, South Korea.
+
+  Jung, Sungmoon, Busan Inst S\&T Evaluat \& Planning, 79 Centum Jungang Ro, Busan,
+  South Korea.
+
+  Lee, Jeong-Dong; Yeo, Yeongjun, Seoul Natl Univ, Technol Management Econ \& Policy
+  Program, Seoul 151742, South Korea.
+
+  Hwang, Won-Sik, Korea Inst Ind Econ \& Trade, 370 Sicheong Daero, Sejong Si 30147,
+  South Korea.'
+author: Jung, Sungmoon and Lee, Jeong-Dong and Hwang, Won-Sik and Yeo, Yeongjun
+author-email: 'narkimess@snu.ac.kr
+
+  leejd@snu.ac.kr
+
+  yel0sik@snu.ac.kr
+
+  yyj913@snu.ac.kr'
+author_list:
+- family: Jung
+  given: Sungmoon
+- family: Lee
+  given: Jeong-Dong
+- family: Hwang
+  given: Won-Sik
+- family: Yeo
+  given: Yeongjun
+da: '2023-09-28'
+doi: 10.1016/j.econmod.2016.10.014
+eissn: 1873-6122
+files: []
+issn: 0264-9993
+journal: ECONOMIC MODELLING
+keywords: 'Innovation; Economic growth; Employment; Computable general equilibrium;
+
+  South Korea'
+keywords-plus: 'TECHNOLOGICAL-CHANGE; INFORMATION TECHNOLOGY; WAGE INEQUALITY; SKILLED
+
+  LABOR; INNOVATION; INVESTMENT; LEVEL; EDUCATION; DEMAND'
+language: English
+month: JAN
+number-of-cited-references: '64'
+orcid-numbers: Yeo, Yeongjun/0000-0001-9782-3924
+pages: 424-438
+papis_id: 34b3fd459d8cc11c0cfb4b7fbd17c3b3
+ref: Jung2017growthequity
+times-cited: '26'
+title: 'Growth versus equity: A CGE analysis for effects of factor-biased technical
+  progress on economic growth and employment'
+type: Article
+unique-id: WOS:000390502500036
+usage-count-last-180-days: '6'
+usage-count-since-2013: '92'
+volume: '60'
+web-of-science-categories: Economics
+year: '2017'