Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/192513 
Year of Publication: 
2008
Series/Report no.: 
Discussion Papers No. 531
Publisher: 
Statistics Norway, Research Department, Oslo
Abstract: 
Most studies of heterogeneous labor inputs use classifications of high skilled and low skilled based on workers' educational attainment. In this study we explore a wage-based skill measure using information from a wage equation. Evidence from matched employer--employee data show that skill is attributable to many variables other than educational length, for instance experience and type of education. Applying our wage-based skill measure to a TFP growth analysis, we find that the TFP residual decreases, indicating that more of the change in value-added is picked up by our skill measure than when using a purely education-based measure of skill
Subjects: 
Skill composition
wages
TFP
JEL: 
J31
D24
C23
Document Type: 
Working Paper

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