Denna webbplats lagrar cookies i begränsad omfattning. Genom att besöka sidan, godkänner du villkoren i vår integritetspolicy. Läs mer

Working Paper No. 640

Factor Supplies and the Direction of Technical Change

Working Paper
Referens
Svaleryd, Helena och Jonas Vlachos (2005). ”Factor Supplies and the Direction of Technical Change”. IFN Working Paper nr 640. Stockholm: Institutet för Näringslivsforskning.

Författare
Helena Svaleryd, Jonas Vlachos

In this paper, we empirically address the hypothesis that there is a relationship between the supply of human capital and the rate and direction of skill-biased technical change (SBTC). Using country- and industry-level data on OECD countries, we find R&D to be positively related to the supply of human capital. There is, however, no indication that this translates into higher rates of SBTC, when SBTC is measured as changes in the wage bill share of skilled labor. Interestingly, both R&D and the rate of SBTC seem to be relatively high in low-skill industries in countries where the supply of human capital is relatively high.