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IH FRAMEWORK FOR ANALYSIS
EMPIRICAL ANALYSIS OF TECHNOLOGY
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20 percent adjustment index adopted photocomposition allocatively efficient ANPA attrition rate average bargaining paradigm bargaining process bargaining responses Big Group coefficient estimates compensate workers compensated layoffs composing room employment conditional probability costs decertifications demand for labor Dertouzos and Thorpe displaced workers economic empirical analysis employ employment declines employment levels equilibrium featherbedding ficient Error firms and workers Firms Percent framework hazard model imply indifference curve International Typographical Union labor adjustment labor demand labor force labor unions long-run employment long-run level Medium Group ment natural attrition newspaper firms newspaper industry NEWSPAPER SAMPLE nonunion firms NUMBER OF WORKERS outcomes output effect POLYTOMOUS LOGIT REGRESSIONS predicted probability of adoption production proportional hazard model purchase variable quartiles relative rely RESPONSE DECISIONS response shares retraining sample firms Spline suggest survey sample technological change technology adoption technology diffusion technology effect technology revolution tion union and nonunion union firms union status wage worker losses worker retrain