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Kerstin Enflo. Foto.

Kerstin Enflo

Professor

Kerstin Enflo. Foto.

Electrifying equality: How electricity adoption boosted inclusive growth in early 20th century Sweden

Författare

  • Jonathan Jayes
  • Jakob Molinder
  • Kerstin Enflo

Summary, in English

When new general-purpose technologies like AI emerge, both techno-optimists and techno-pessimists predict that inequality will increase among the labour force. This column studies the rapid introduction of electricity in early 20th century Sweden and its effect on workers. The transformative technology benefitted those at the bottom of the income distribution, resulting in higher incomes, lower inequality, and new occupations accessible to workers with only a primary education. However, it is important to invest in high-quality basic education and skills development to ensure that workers can adapt to and benefit from technological change.

Avdelning/ar

  • Ekonomisk-historiska institutionen
  • Tillväxt, teknologisk förändring och ojämlikhet
  • Historiska arbetsmarknader

Publiceringsår

2024-05-18

Språk

Engelska

Dokumenttyp

Webbpublikation

Förlag

Centre for Economic Policy Research (CEPR)

Ämne

  • Economic History

Aktiv

Published

Projekt

  • Praise the people or praise the place: How culture and specialization drive long-term regional growth