The Impact Of Technological Change On Employment: Evidence From A Firm-Level Survey Of Long Island Manufacturers
Recent studies of capital-skill complementarity suffer from several important empirical limitations and a theoretical framework that treats technological change as exogenous. This paper addresses some of these limitations using a new, detailed firm-level dataset on technology usage and labor composition. Based on two-stage estimation procedures, our results imply that technological change leads to a shift in labor composition and compensation in favor of white-collar workers.
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Volume (Year): 5 (1998)
Issue (Month): 2-4 ()
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