Testing for R&D´rents in skilled workers´wages in the manufacturing industry of Colombia

Ivan Darío Hernández ()

Revista de Economía del Rosario, 2001, No 3557

Abstract: This paper examines if firm investments in research and experimental development (R&D) activities generate quasi-rents in the wages of skilled workers in the manufacturing industries of Colombia. It will test the hypothesis that variations in wages of skilled workers and in R&D spending are both endogenously determined in manufacturing firms. By testing this hypothesis I determine whether skills and R&D activities offer an explanation for quasi-rents among workers wages.

Keywords: Research and Development; skilled workers; wages; quasi rents (search for similar items in EconPapers)
JEL-codes: J31 J44 (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:col:000151:003557

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