The Effect of Professionalisation and the Demand for Social Status on the Adoption of New Technologies
AbstractProfessionalisation has been a process which has profoundly influenced the societies of the most industrialised countries, since it entails a high position in the occupational hierarchy for its members. This has marked effects on the occupational choices of individuals, because the social prestige accorded to an occupation is an important part of the total reward accruing from it. This paper analyses the economic consequences of the phenomenon, concentrating in particular on the effects of technological innovation. The argument put forward is that professionalisation may hamper the diffusion of innovative technologies because it makes the choice of the new professions less attractive. Moreover, it renders the management of high-skilled workers costly for firms, since innovative firms must adopt new technique of human resource management. To the extent that these professions are complementary to the new technologies, their reduced supply and the high cost of their management may be a serious obstacle against the diffusion of technological innovation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Società editrice il Mulino in its journal Rivista italiana degli economisti.
Volume (Year): (2000)
Issue (Month): 3 ()
Contact details of provider:
Other versions of this item:
- Maria Rosaria Carillo, 2000. "The Effects Of Professionalisation And The Demand For Social Status On The Adoption Of New Technologies," Working Papers 1_2000, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Acemoglu, Daron, 1994.
"Search in the Labour Market, Incomplete Contracts and Growth,"
CEPR Discussion Papers
1026, C.E.P.R. Discussion Papers.
- Acemoglu, D., 1994. "Search in the Labor market: Incomplete Contracts and Growth," Working papers 94-23, Massachusetts Institute of Technology (MIT), Department of Economics.
- Acemoglu, Daron, 1996. "A Microfoundation for Social Increasing Returns in Human Capital Accumulation," The Quarterly Journal of Economics, MIT Press, vol. 111(3), pages 779-804, August.
- George J. Mailath & Andrew Postlewaite, 2002.
PIER Working Paper Archive
06-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 04 Jun 2004.
- Snower, Dennis J., 1994. "The Low-Skill, Bad-Job Trap," CEPR Discussion Papers 999, C.E.P.R. Discussion Papers.
- Daron Acemoglu, 2002.
"Directed Technical Change,"
Review of Economic Studies,
Oxford University Press, vol. 69(4), pages 781-809.
- Masters, Adrian M, 1998. "Efficiency of Investment in Human and Physical Capital in a Model of Bilateral Search and Bargaining," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(2), pages 477-94, May.
- Marimon, R. & Zilibotti, F., 1998. "Unemployment vs. Mismatch of Talents," Papers 661, Stockholm - International Economic Studies.
- Michael T. Kiley, 1997.
"The supply of skilled labor and skill-based technological progress,"
Finance and Economics Discussion Series
1997-45, Board of Governors of the Federal Reserve System (U.S.).
- Kiley, Michael T, 1999. "The Supply of Skilled Labour and Skill-Biased Technological Progress," Economic Journal, Royal Economic Society, vol. 109(458), pages 708-24, October.
- Fershtman, C. & Weiss, Y., 1991.
"Social Status , Culture and Economic Performance,"
32-91, Tel Aviv.
- Fershtman, Chaim & Murphy, Kevin M & Weiss, Yoram, 1996.
"Social Status, Education, and Growth,"
Journal of Political Economy,
University of Chicago Press, vol. 104(1), pages 108-32, February.
- George A. Akerlof, 1997. "Social Distance and Social Decisions," Econometrica, Econometric Society, vol. 65(5), pages 1005-1028, September.
- Matthews, Robin C O, 1991. "The Economics of Professional Ethics: Should the Professions Be More Like Business?," Economic Journal, Royal Economic Society, vol. 101(407), pages 737-50, July.
- Cole, Harold L & Mailath, George J & Postlewaite, Andrew, 1992. "Social Norms, Savings Behavior, and Growth," Journal of Political Economy, University of Chicago Press, vol. 100(6), pages 1092-1125, December.
- Berman, Eli & Bound, John & Griliches, Zvi, 1994. "Changes in the Demand for Skilled Labor within U.S. Manufacturing: Evidence from the Annual Survey of Manufactures," The Quarterly Journal of Economics, MIT Press, vol. 109(2), pages 367-97, May.
- Chaim Fershtman, 1993. "Social Status," Discussion Papers 1054, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.