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Endowments, Output, and the Bias of Directed Innovation

2009· article· en· W2116940887 on OpenAlexaff
Bernardo S. Blum

Bibliographic record

VenueThe Review of Economic Studies · 2009
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Growth and Productivity
Canadian institutionsUniversity of Toronto
Fundersnot available
KeywordsEconomicsFactor endowmentProduction (economics)Capital (architecture)EndowmentDeveloping countryPoint (geometry)Factor priceFactors of productionLabour economicsEconometricsMacroeconomicsMicroeconomicsEconomic growth

Abstract

fetched live from OpenAlex

In this paper, I ask the question: <it>Does the output-mix of countries change in response to changes in factor endowments?</it> If so: <it>How long does it take?</it> Using data on capital, as well as skilled and unskilled labour employed in three-digit International Standard Industrial Classification (ISIC) manufacturing industries for a sample of 27 developing and developed countries over the 1973–1990 period, I find that the output-mix of countries does not change in response to endowment changes, even after 15 years. This answer raises another question: <it>How then do countries absorb changes in factor endowments?</it> The data show that in both the short and long runs, an increase in the supply of a production factor reduces its rate of return and makes it more intensively used in all sectors of the economy: changes in production techniques. In the long run, the point estimate is that the reduction in the rate of return is more than 50% larger than in the short run. This is consistent with induced innovations being predominantly biased towards the scarce factor.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Review · Consensus signal: none
Teacher disagreement score0.489
Threshold uncertainty score0.313

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0030.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.115
GPT teacher head0.287
Teacher spread0.172 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreReview

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations27
Published2009
Admission routes1
Has abstractyes

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