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A theory of factor allocation and plant size Author info | Abstract | Publisher info | Download info | Related research | Statistics Thomas J. Holmes
Matthew F. Mitchell
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In this paper we develop a theory of how factors interact at the plant level. The theory has implications for (1) the micro foundations for capital-skill complementarity, (2) the relationship between factor allocation and plant size, and (3) the effects of trade and growth on the skill premium. The theory is consistent with certain facts about factor allocation and factor price changes in the 19th and 20th centuries.
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Paper provided by Federal Reserve Bank of Minneapolis in its series Staff Report with number
325.
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Date of creation: 2003Date of revision:
Publication status: Published in RAND Journal of EconomicsHandle: RePEc:fip:fedmsr:325Contact details of provider: Postal: 90 Hennepin Avenue, P.O. Box 291, Minneapolis, MN 55480-0291 Phone: (612) 204-5000 Web page: http://minneapolisfed.org/ More information through EDIRC
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Keywords: Human capital ; Labor supply ; Other versions of this item:
This paper has been announced in the following NEP Reports :
References listed on IDEAS 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.: Claudia Goldin & Lawrence F. Katz, 1998.
"The Origins Of Technology-Skill Complementarity ,"
The Quarterly Journal of Economics ,
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Staff Report
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Oi, Walter Y. & Idson, Todd L., 1999.
"Firm size and wages ,"
Handbook of Labor Economics ,
in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 33, pages 2165-2214
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Abowd, John M. & Kramarz, Francis, 1999.
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Brown, Charles & Medoff, James, 1989.
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Other versions: Daron Acemoglu, 2003.
"Patterns of Skill Premia ,"
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NBER Working Papers
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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 ,
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Matthew F. Mitchell, 2001.
"Specialization and the skill premium in the 20th century ,"
Staff Report
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[Downloadable!]
Other versions: Kenneth R Troske, 1994.
"Evidence on the Employer Size-Wage Premium From Worker-Establishment Matched Data ,"
Working Papers
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[Downloadable!]
Other versions:
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references Cited by : (explanations , 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.)
Richard Walker, 2005.
"Superstars and Renaissance Men: Specialization, Market Size and the Income Distribution ,"
CEP Discussion Papers
dp0707, Centre for Economic Performance, LSE.
[Downloadable!]
Thomas Holmes, 2004.
"EconomicDynamics Interviews Thomas Holmes on Dynamic Economic Geography ,"
EconomicDynamics Newsletter ,
Review of Economic Dynamics, vol. 6(1), November.
[Downloadable!]
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