Knowledge Spillovers and Wage Inequality: An Empirical Investigation of Knowledge-Skill Complementarity
Allard Bruinshoofd (),
Hugo Hollanders () and
Bas ter Weel
No 8, Research Memorandum from Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT)
This paper examines the importance of knowledge-skill complementarity in the process of contemporary economic growth. By analyzing Dutch manufacturing and carrying out an extensive spillover and wage inequality analysis, it is shown that knowledge-intensive sectors pay their high-skilled workers a relatively higher wage in the form of a wage premium, which is defined as the sector bias of technical change.
Keywords: research and development (search for similar items in EconPapers)
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