TY - RPRT AU - Dosi, Giovanni AU - Piva, Mariacristina AU - Virgillito, Maria Enrica AU - Vivarelli, Marco TI - Embodied and Disembodied Technological Change: The Sectoral Patterns of Job-Creation and Job-Destruction PY - 2019/Jun/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 12408 UR - https://www.iza.org/publications/dp12408 AB - This paper addresses, both theoretically and empirically, the sectoral patterns of job creation and job destruction in order to distinguish the alternative effects of embodied vs disembodied technological change operating into a vertically connected economy. Disembodied technological change turns out to positively affect employment dynamics in the "upstream" sectors, while expansionary investment does so in the "downstream" industries. Conversely, the replacement of obsolete capital vintages tends to exert a negative impact on labour demand, although this effect turns out to be statistically less robust. KW - innovation KW - disembodied and capital-embodied technological change KW - employment KW - job-creation KW - job-destruction KW - sectoral interdependencies ER -