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Equipment Investment and the Relative Demand for Skilled Labour: International Evidence

K. Flug and Zvi Hercowitz ()

Working Papers from Tel Aviv

Abstract: The effects of equipment investment on relative wages and employment of skilled labor are estimated. The basic hypothesis is that such effecst are positive, due to the presence of either equipment-skill complementarity or skill advantage in technology adoption. Using a panel data set for a wide range of countries, the relative wage and relative employment of skilled workers are regressed on lagged investment in machinery and other relevant variables.

Keywords: INVESTMENTS; SKILLED WORKERS (search for similar items in EconPapers)
JEL-codes: J21 D21 J31 (search for similar items in EconPapers)
Pages: 34 pages
Date: 1998
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Working Paper: Equipment Investment and the Relative Demand for Skilled Labor: International Evidence (2010) Downloads
Journal Article: Equipment Investment and the Relative Demand for Skilled Labor: International Evidence (2000) Downloads
Working Paper: Equipment Investment and the Relative Demand for Skilled Labor: International Evidence (1996) Downloads
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