Arbeitspapier
Equipment Investment and the Relative Demand for Skilled Labor: International Evidence
This paper estimates the effects of equipment investment on relative wages and employment of skilled labor and explores their dynamics. The basic hypothesis is that they are positive, due to either equipment-skill complementarity or to skill advantage in technology adoption. Using a panel data set with a wide rage of countries, the relative wage and relative employment of skilled workers are regressed on lagged investment in machinery and other relevant variables. The results indicate a strong, positive effect of machinery investment on the relative demand for skilled labor.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 331
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Flug, Karnit
Hercowitz, Zvi
- Ereignis
-
Veröffentlichung
- (wer)
-
Inter-American Development Bank, Office of the Chief Economist
- (wo)
-
Washington, DC
- (wann)
-
1996
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Flug, Karnit
- Hercowitz, Zvi
- Inter-American Development Bank, Office of the Chief Economist
Entstanden
- 1996
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