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Machines as Engines of Growth
This paper builds a model of growth through industrialization, as machines replace workers in a growing number of tasks. The model shows that industrialization and growth take off only if the economy is productive enough. It also shows that monopoly power can stifle growth, as it lowers wages.
Link
http://economics.huji.ac.il/facultye/zeira/machines3.pdf#search=%22Machines%20as%20Engines%20of%20Growth%22