Is technical change directed by the supply of skills?

6533b833fe1ef96bd129c028

RESEARCH PRODUCT

Is technical change directed by the supply of skills?

Marcel P. Timmer Lorenzo Serrano Lorenzo Serrano

subject

Economics and Econometrics Labour economics Inequality media_common.quotation_subject Substitution (logic)Economics Finance Technical change media_common

description

Abstract In a recent contribution, Acemoglu [Quarterly Journal of Economics 113 (1998) 1055] modelled the effects of an increase in the supply of skills on the skill premium. We estimate a model to disentangle the short-run substitution effects and the effects of skill-biased technical change using industry data for South Korea for the period 1974–1998.

year	journal	country	edition	language
2002-07-01	Economics Letters

https://doi.org/10.1016/s0165-1765(02)00058-7

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