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Author:Belman, D.
Heywood, J. S.
Title:Market structure and worker quality.
Journal:Journal of Industrial Economics
1990 : DEC, VOL. 39:2, p. 155-168
Index terms:MARKET STRUCTURE
EDUCATIONAL ATTAINMENT
WORKERS
PAY
INDUSTRIAL CONCENTRATION
Language:eng
Abstract:It is frequently asserted, although never directly tested, that firms in more monopolistic industries hire better qualified workers. Based on correlation analysis two new results were obtained. First, worker quality (education in particular) is a strong determinant of whether a worker is employed in a concentrated industry. Second, upon expanding the data to measures of research and development, workers of better quality are actually no more likely to locate in concentrated industries. These results fit with theories claiming that industries subject to technological opportunities may be more concentrated and that those opportunities demand higher quality workers. The testing strategy is outlined.
SCIMA record nr: 87379
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