arXiv subjects

Hiroya Taniguchi

Publications and source records attributed to Hiroya Taniguchi.

3 recordsLinked to original sources

arXiv2020

Measuring Energy-saving Technological Change: International Trends and Differences

Technological change is essential to balance economic growth and environmental sustainability. This study documents energy-saving technological change to understand the trends and differences therein in OECD countries. We estimate sector-level production functions with factor-augmenting technologies using cross-country and cross-industry panel data and shift-share instruments, thereby measuring energy-saving technological change for each country and sector. Our results show how the levels and growth rates of energy-saving technology vary across countries, sectors, and time. In addition, we evaluate the extent to which factor-augmenting technologies contribute to economic growth and how this contribution differs across countries and sectors.

econ.GN↗

arXiv2020

The Race between Technology and Woman: Changes in Relative Wages and Labor Shares in OECD Countries

The era of technological change entails complex patterns of changes in wages and employment. We develop a unified framework to evaluate the effects of capital-embodied technological change on, as well as the contributions of factor inputs to, the relative wages and income shares of different types of labor. We obtain the aggregate elasticities of substitution among different types of capital and labor by estimating and aggregating sectoral production function parameters with cross-country cross-industry panel data from OECD countries. We show that advances in information, communication, and computation technologies contribute significantly to narrowing the gender wage gap, widening the skill wage gap, and declining labor shares.

econ.GN↗

arXiv2019

ICT Capital-Skill Complementarity and Wage Inequality: Evidence from OECD Countries

Although wage inequality has evolved in advanced countries over recent decades, it remains unknown the extent to which changes in wage inequality and their differences across countries are attributable to specific capital and labor quantities. We examine this issue by estimating a sector-level production function extended to allow for capital-skill complementarity and factor-biased technological change using cross-country and cross-industry panel data. Our results indicate that most of the changes in the skill premium are attributable to the relative quantities of ICT equipment, skilled labor, and unskilled labor in the goods and service sectors of the majority of advanced countries.

econ.GN↗