The central concept of microeconomic theory is straightforward: Firms set price and quantity due to profit maximizing purposes. As profit is defined as revenue less cost, this optimization process is based on a production function and a cost function. For relevant inputs to the production function, companies face the decision to substitute domestic labor with either capital or foreign labor – provided a given output – whereas costs are deduced from the inputs . This substitution process represents the impacts triggered by technological progress and trade.
In the last few decades, computerization (as the dominant part of technical progress) as well as offshoring (of trade) have caused intensive debates in Northern countries. The public is concerned that these two phenomena might be a threat that functions at the expense of domestic labor. It is therefore to be analyzed if these worries are appropriate; that is, which jobs are at stake and which have future perspectives in terms of existence. This is going to be scrutinized by applying an analytical framework. Within this framework the questions of legality, feasibility and rationality are examined in systematical ordering. Furthermore, as recent literature suggests neither a sectoral- nor an indus-trial- or occupational-based analysis, but rather one on a task-level basis , this task-based approach is used in the framework and necessitates a re-assignment from tasks to jobs.
Inhaltsverzeichnis (Table of Contents)
- Problem and Course of the Investigation
- Clustering of OECD countries
- The Task-Based Approach
- Determinants of Labor Demand
- Analytical Framework
- Technological Progress
- Trade
- Merge of Technological Progress and Trade
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This research aims to explore the factors influencing the future of jobs in OECD countries. The study utilizes a task-based approach to analyze the impact of technological progress and trade on labor demand.
- The impact of technological progress on labor demand
- The role of trade in shaping future job markets
- The interplay between technological progress and trade
- The identification of key determinants of labor demand
- The application of a task-based approach to analyzing labor market trends
Zusammenfassung der Kapitel (Chapter Summaries)
The first chapter introduces the research problem and outlines the investigation's course. Chapter two examines the clustering of OECD countries based on specific criteria, while chapter three delves into the task-based approach as a methodology for analyzing labor market trends. Chapter four focuses on the determinants of labor demand, exploring the impact of technological progress, trade, and their interaction on employment patterns. This chapter further delves into the analytical framework used for this analysis.
Schlüsselwörter (Keywords)
This research focuses on the future of jobs in OECD countries, investigating the impact of technological progress and trade on labor demand. Key concepts include task-based approach, labor market trends, determinants of labor demand, and the interaction of technological progress and trade.
- Quote paper
- Hendrik von der Brelie (Author), 2008, Zukunftsfähige Arbeitsplätze in den OECD-Staaten, Munich, GRIN Verlag, https://www.grin.com/document/147104
