haku: @author Slaughter, M. J. / yhteensä: 6
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| Tekijä: | Haskel, J. E. Slaughter, M. J. |
| Otsikko: | Does the sector bias of skill-biased technical change explain changing skill premia? |
| Lehti: | European Economic Review
2002 : DEC, VOL. 46:10, p. 1757-1784 |
| Asiasana: | SKILLS CHANGE MODELS EMPIRICAL RESEARCH |
| Kieli: | eng |
| Tiivistelmä: | This paper shows the sector bias of skill-biased technical change (SBTC) can help explain changing skill premia within countries in recent decades. The authors' model demonstrates that in many cases it is the sector bias of SBTC that determines SBTC's effect on relative factor prices, not its factor bias. Rising (falling) skill premia a caused by SBTC that is concentrated in skill-intensive (unskill-intensive) sectors. The authors' empirical findings for ten OECD countries over the 1970s and 1980s are consistent with sector bias being important. In countries when skill premia were rising (falling), SBTC was generally concentrated in skill-intensive (unskill- intensive) sectors. |
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