IDEAS home Printed from https://ideas.repec.org/a/uwp/jhriss/v7y1972i1p71-86.html
   My bibliography  Save this article

The Labor Market for Engineers: An Alternative Methodology

Author

Listed:
  • John F. O'Connell

Abstract

The labor market for engineers is analyzed by constructing and estimating separate demand and supply schedules. Both ordinary least squares and two-stage least squares are employed. Estimated cross-price elasticities of demand are used as a measure of the complementarity or substitutability of engineers and other factor inputs. The following conclusions emerge: The relative wage elasticity of demand is not a significant determinant of engineering employment though, with minor exception, research and development expenditures are. The supply of engineers tends to be responsive to absolute wage differences. Related occupations requiring less formal training than engineers tend to be complements rather than substitutes.

Suggested Citation

  • John F. O'Connell, 1972. "The Labor Market for Engineers: An Alternative Methodology," Journal of Human Resources, University of Wisconsin Press, vol. 7(1), pages 71-86.
    • Handle: RePEc:uwp:jhriss:v:7:y:1972:i:1:p:71-86
    as

    Download full text from publisher

    File URL: http://www.jstor.org/stable/pdfplus/145058
    Download Restriction: A subscripton is required to access pdf files. Pay per article is available.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:eee:labchp:v:1:y:1986:i:c:p:429-471 is not listed on IDEAS

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uwp:jhriss:v:7:y:1972:i:1:p:71-86. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: http://jhr.uwpress.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.