Using both time-series and pooled cross-section, time-series data for 44 industries over the period 1947-1997 in the United States, no evidence is found to support the idea that the growth of skills or educational attainment had any statistically significant effect on growth of earnings. On the other hand, earnings growth is found to be positively related to overall productivity growth and equipment investment, while computerization and international trade both had a retardant effect on earnings.
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Paper provided by EconWPA in its series Macroeconomics with number
0106007.
Length: 25 pages Date of creation: 29 Jun 2001 Date of revision: Handle: RePEc:wpa:wuwpma:0106007
Note: Type of Document - Adobe Acrobat PDF; prepared on IBM PC; to print on PostScript; pages: 25; figures: included Contact details of provider: Web page: http://129.3.20.41
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