المستودع الأكاديمي جامعة المدينة

Sectoral value added prices, TFP growth, and the low-skilled wage in high-income countries

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dc.creator Lücke, Matthias
dc.date 1999
dc.date.accessioned 2013-10-16T06:11:46Z
dc.date.available 2013-10-16T06:11:46Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/2248
dc.identifier ppn:268910065
dc.identifier ppn:268910065
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/2248
dc.description This econometric analysis investigates the impact of changes in sectoral valueadded prices and total factor productivity (TFP) on the equilibrium relative wage of low-skilled workers in eleven high-income countries. The key finding is that TFP growth mandated an increase in the unskilled wage, relative to the remuneration of human capital, during the 1970s, but a decrease during the 1980s. This is consistent with the observation that, in most sample countries, the relative wage and employment opportunities of low-skilled workers tended to improve until about 1980, but have deteriorated since then. While the regression results suggest that technological change played a large role in shifting labour demand against low-skilled workers, this conclusion is qualified because the empirical evidence is also compatible with product upgrading and outsourcing of low-skill intensive production activities to low-income countries.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 923
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F16
dc.subject O33
dc.subject ddc:330
dc.subject Ungeschützte Beschäftigung
dc.subject Lohnstruktur
dc.subject Arbeitsnachfrage
dc.subject Außenwirtschaft
dc.subject Faktorproportionentheorem
dc.subject Faktorpreisausgleich
dc.subject Technischer Fortschritt
dc.subject Produktivität
dc.subject Humankapital
dc.subject Mehr-Sektoren-Modell
dc.subject Auslandsproduktion
dc.subject Schätzung
dc.subject OECD-Staaten
dc.title Sectoral value added prices, TFP growth, and the low-skilled wage in high-income countries
dc.type doc-type:workingPaper


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