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Technological Change and the Skill Acquisition of Young Workers

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  • Bartel, A.P.
  • Sicherman, N.

Abstract

Since technological change influences the rate at which human capital obsolesces and also increases the uncertainty associated with human capital investments, training may increase or decrease at higher rates of technological change. Using the National Longitudinal Survey of Youth, the authors find that production workers in manufacturing industries with higher rates of technological change are more likely to receive formal company training. At higher rates of technological change, the training gap between the more and less educated narrows, low-skilled nonproduction workers receive significantly more training than higher-skilled nonproduction workers, and the proportion of individuals receiving training increases. Copyright 1998 by University of Chicago Press.
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Suggested Citation

  • Bartel, A.P. & Sicherman, N., 1995. "Technological Change and the Skill Acquisition of Young Workers," Papers 95-10, Columbia - Graduate School of Business.
    • Handle: RePEc:fth:colubu:95-10
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    More about this item

    Keywords

    TECHNOLOGY; TRAINING; MANUFACTURES; YOUTH; LABOUR MARKET;
    All these keywords.

    JEL classification:

    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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