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The role of product diversification in skill-biased technological change
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Nam, Choong Hyun (2015) The role of product diversification in skill-biased technological change. Working Paper. Coventry: University of Warwick. Department of Economics. Warwick economics research papers series (TWERPS), Volume 2015 (Number 1058). (Unpublished)
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Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...
Abstract
Since the 1980s, labour demand has shifted toward more educated workers in the US. The most common explanation is that the productivity of skilled workers has risen relative to the unskilled, but it is not east to explain why aggregate labour productivity was stagnant during the 1980s. This paper suggests an alternative story: introducing new goods involves a fixed labour input, which is biased toward white-collar workers. Hence the transition from Ford-style mass production towards more diversified one has shifted labour demand toward white-collar workers.
Item Type: | Working or Discussion Paper (Working Paper) | ||||||
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Subjects: | H Social Sciences > HD Industries. Land use. Labor | ||||||
Divisions: | Faculty of Social Sciences > Economics | ||||||
Library of Congress Subject Headings (LCSH): | Labor demand -- United States, New products, Skilled labor | ||||||
Series Name: | Warwick economics research papers series (TWERPS) | ||||||
Publisher: | University of Warwick. Department of Economics | ||||||
Place of Publication: | Coventry | ||||||
Official Date: | 2015 | ||||||
Dates: |
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Volume: | Volume 2015 | ||||||
Number: | Number 1058 | ||||||
Institution: | University of Warwick | ||||||
Status: | Not Peer Reviewed | ||||||
Publication Status: | Unpublished | ||||||
Access rights to Published version: | Open Access (Creative Commons) |
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