Technological change and wage premiums amongst high-skilled labour

Jaakko Pehkonen, Tapani Neuvonen and Jari Ojala

Applied Economics Letters, 2019, vol. 26, issue 19, 1563-1566

Abstract: This study examines the impact of the steam engine, which produced wide and long-lasting economic growth from the 19th century to the early 20th century, on the wages of high-skilled seamen in the Swedish merchant maritime shipping industry. The analysis focuses on the years 1869–1914, which was a transition period during which traditional sailing ships were replaced by steam-powered vessels. The study shows that all high-skilled occupations received wage gains under steam technology. The evidence on wage polarization amongst the high-skill occupations remains subtle, although there is certain evidence that wage premiums vary by occupation.

Date: 2019
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DOI: 10.1080/13504851.2019.1584367

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