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The impact of technology and trade upon the returns to education and occupation

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  • Karl Taylor

Abstract

This paper considers how technological change and globalization has influenced the return to education and occupation in Great Britain over the period 1973 to 1994. A number of papers in the literature have documented increasing demand for individuals who possess higher skill endowments than their peers. Both education and occupation can be interpreted as an individual's observable skills and how technology and trade have actually influenced returns to different educational and occupational levels is something that has not been investigated in Great Britain. For the empirical analysis estimates are based upon pooled cross sections over time and also pseudo panel techniques to control for unobservable heterogeneity.

Suggested Citation

  • Karl Taylor, 2002. "The impact of technology and trade upon the returns to education and occupation," Applied Economics, Taylor & Francis Journals, vol. 34(11), pages 1371-1377.
    • Handle: RePEc:taf:applec:v:34:y:2002:i:11:p:1371-1377
    DOI: 10.1080/00036840110096336
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    References listed on IDEAS

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    1. Jacob Mincer, 1991. "Human Capital, Technology, and the Wage Structure: What Do Time Series Show?," NBER Working Papers 3581, National Bureau of Economic Research, Inc.
    2. Colm Harmon & Ian Walker, 1997. "Selective Schooling, School Quality, and Labour Market Returns," Keele Department of Economics Discussion Papers (1995-2001) 97/06, Department of Economics, Keele University.
    3. Francis Green, 1998. "The Value of Skills," Studies in Economics 9819, School of Economics, University of Kent.
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    Cited by:

    1. Edinaldo Tebaldi & Jongsung Kim, 2010. "Two Tales on the Returns to Education: The Impact of Trade on Wages," Review of Development Economics, Wiley Blackwell, vol. 14(4), pages 768-782, November.
    2. Kang-Shik Choi & Jinook Jeong, 2007. "Does unmeasured ability explain the wage premium associated with technological change?: Quantile regression analysis," Applied Economics, Taylor & Francis Journals, vol. 39(9), pages 1163-1171.
    3. Ismael Sanz & Ferran Martinez Coma, 2007. "Skill and support to globalization in the EU," Applied Economics Letters, Taylor & Francis Journals, vol. 15(4), pages 271-275.
    4. K Taylor, 2002. "Assessing the Determinants of Male Earnings Dispersion," Economic Issues Journal Articles, Economic Issues, vol. 7(2), pages 35-58, September.
    5. Maresa Sprietsma, 2012. "Computers as pedagogical tools in Brazil: a pseudo-panel analysis," Education Economics, Taylor & Francis Journals, vol. 20(1), pages 19-32, November.

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