Equipment Investment and the Relative Demand for Skilled Labor: International Evidence
Karnit Flug and
Zvi Hercowitz ()
No 1154, IDB Publications (Working Papers) from Inter-American Development Bank
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.
Keywords: WP-331 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
https://publications.iadb.org/publications/english ... ational-Evidence.pdf (application/pdf)
Journal Article: Equipment Investment and the Relative Demand for Skilled Labor: International Evidence (2000)
Working Paper: Equipment Investment and the Relative Demand for Skilled Labour: International Evidence (1998)
Working Paper: Equipment Investment and the Relative Demand for Skilled Labor: International Evidence (1996)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:1154
Access Statistics for this paper
More papers in IDB Publications (Working Papers) from Inter-American Development Bank Contact information at EDIRC.
Bibliographic data for series maintained by Felipe Herrera Library ().