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.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Paper ; No. 331
- Classification
-
Wirtschaft
- Event
-
Geistige Schöpfung
- (who)
-
Flug, Karnit
Hercowitz, Zvi
- Event
-
Veröffentlichung
- (who)
-
Inter-American Development Bank, Office of the Chief Economist
- (where)
-
Washington, DC
- (when)
-
1996
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Flug, Karnit
- Hercowitz, Zvi
- Inter-American Development Bank, Office of the Chief Economist
Time of origin
- 1996
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