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Title: The Role of Capital Intensity and Technology Usage in Upgrading Skills in the US Labor Market

Citation Type: Journal Article

Publication Year: 1999

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Abstract: This article examines the relationship between different measures of technological change and the change in the wage (employment) share of skilled workers. The capital/output ratio and the share of computer stock in total capital stock are used to examine the effect of both capital deepening and capital quality on work force structure. The results suggest that both capital deepening and investment in computers are positively correlated to the change in the wage share of skilled workers. Comparing the magnitude of different capital investment variables suggests that computer investment has a stronger effect on the change in the wage share of skilled workers than does noncomputer capital investment. In addition, this article examines the effect of other advanced manufacturing technologies, such as flexible manufacturing systems, robots, networks, and numerically controlled machines, on the share of skilled workers. The results indicate a positive effect of these technologies on the work force skill mix and that the effect is stronger over longer periods.

Url: https://www.sciencedirect.com/science/article/pii/S0040162598000584

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Authors: Alyan, N.

Periodical (Full): Technological Forecasting and Social Change

Issue: 1

Volume: 61

Pages: 59-74

Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure

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