Investment-specific technological change and labor composition: Evidence from the US manufacturing

被引:3
|
作者
Ho, Chun-Yu [1 ]
机构
[1] Boston Univ, Dept Econ, Boston, MA 02215 USA
关键词
employment structure; equipment investment; technological change;
D O I
10.1016/j.econlet.2007.09.039
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper examines the impact of investment-specific technological change on labor cornposition in U.S. manufacturing industries from 1974 to 1994. 1 show that investment-specific technological change increases the relative demand of non-production workers to production workers, while TFP growth does not change labor composition. Moreover, I find that the demand of skilled labor is stronger in the durable goods sector whereas the deskilling effect is stronger in the non-durable goods sector. (c) 2007 Elsevier B. V. All rights reserved.
引用
收藏
页码:526 / 529
页数:4
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