Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/81265
Authors: 
Svaleryd, Helena
Vlachos, Jonas
Year of Publication: 
2005
Series/Report no.: 
IUI Working Paper 640
Abstract: 
In this paper, we empirically address the hypothesis that there is a relationship between the supply of human capital and the rate and direction of skill-biased technical change (SBTC). Using country- and industry-level data on OECD countries, we find R&D to be positively related to the supply of human capital. There is, however, no indication that this translates into higher rates of SBTC, when SBTC is measured as changes in the wage bill share of skilled labor. Interestingly, both R&D and the rate of SBTC seem to be relatively high in low-skill industries in countries where the supply of human capital is relatively high.
Subjects: 
Skilled-biased Technical Change
Supply of Human Capital
JEL: 
J32
O31
Document Type: 
Working Paper

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