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NO. 251 报告人:Wenbo Zhu

——Innovations, labour demand, and skill premium: Empirical evidence from European countries

编辑:系统管理员时间:2015-12-08访问次数:555

 

  目:Innovations, labour demand, and skill premium: Empirical evidence from European countries

报告人:Wenbo Zhu  Queen's University
主持人:夏�君   浙江大学经济学院

时  间:2015年12月11日   星期五   15:30-17:00

地  点:浙大玉泉校区经济学院418室

 
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AbstractThis paper investigates the impacts of product innovations and process innovations on the skill premium empirically. The hypothesis is that product innovations are skill-complementing: product innovations increase the demand for skilled workers, while process innovations are skill-replacing: process innovations increase the demand for unskilled workers. Using a novel data set from Eurostat, this paper finds that the skill premium, as measured by the relative income of college educated workers to high school graduates, is positively correlated with product innovations while negatively correlated with process innovations, after controlling for the supply of skills. This empirical finding is in accordance with previous theories and anecdotal stories regarding the labour market consequences of different types of innovations.

  

                                                           CRPE秘书处
                                                           2015-12-8