Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/87883
Authors: 
Flug, Karnit
Hercowitz, Zvi
Year of Publication: 
1996
Series/Report no.: 
Working Paper, Inter-American Development Bank, Office of the Chief Economist 331
Abstract: 
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.
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.