Changes in the Demand for Skilled Labor within Japan's Manufacturing Sector:Effects of Skill-Biased Technological Change and Globalization

Hitoshi Sasaki and Kenichi Sakura
Additional contact information
Hitoshi Sasaki: Bank of Japan
Kenichi Sakura: Bank of Japan

No 05-E-12, Bank of Japan Working Paper Series from Bank of Japan

Abstract: This paper examines the demand shift toward workers who are university graduates in terms of skill-biased technological change (SBTC) and globalization, both of which utilize relatively more workers with specific skills. According to the results of our empirical study, which used the major groups of Japan's manufacturing panel data from the 1988-2003, it is clear that the increase in the relative demand for university graduates is closely related to the R&D expenditures ratio (SBTC) and the import ratio from the East Asian countries or the foreign production ratio (globalization). This suggests that there has been a demand shift toward highly educated workers in Japan's manufacturing sector due to both SBTC and globalization.

Keywords: skilled workers; skill-biased technological change; globalization (search for similar items in EconPapers)
JEL-codes: F16 J23 O30 (search for similar items in EconPapers)
Date: 2005-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.boj.or.jp/en/research/wps_rev/wps_2005/data/wp05e12.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:boj:bojwps:05-e-12

Access Statistics for this paper

More papers in Bank of Japan Working Paper Series from Bank of Japan Contact information at EDIRC.
Bibliographic data for series maintained by Bank of Japan ().