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Economic Growth and Multiskilled Workers in Manufacturing

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Author Info
Park, Ki Seong
Abstract

This article analyzes the causes of workers' multiskill training and, based on a survey of manufacturing plants and workers in South Korea, concludes that multiskill capability arises from specific on-the-job training paid for by the firm. The author describes various aspects of multiskilled workers and sets up a theoretical model in which multiskilled workers are assumed to be more productive than specialized workers for producing a new product but less productive for producing an existing product. The model entails several implications, including a positive cross-sectional correlation between the proportion of multiskilled workers and the growth rate of labor productivity. Copyright 1996 by University of Chicago Press.

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Article provided by University of Chicago Press in its journal Journal of Labor Economics.

Volume (Year): 14 (1996)
Issue (Month): 2 (April)
Pages: 254-85
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Handle: RePEc:ucp:jlabec:v:14:y:1996:i:2:p:254-85

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  1. Rouben Indjikain & Donald S. Siegel, 2004. "The Impact of Investment in IT on Economic Performance: Implications for Developing Countries," Rensselaer Working Papers in Economics 0414, Rensselaer Polytechnic Institute, Department of Economics. [Downloadable!]
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