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The growth and valuation of computing and other generic skills

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UNSPECIFIED. (2004) The growth and valuation of computing and other generic skills. OXFORD ECONOMIC PAPERS-NEW SERIES, 56 (3). pp. 371-406. ISSN 0030-7653

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Official URL: http://dx.doi.org/10.1093/oep/gpf049

Abstract

This paper describes a method for measuring job skills using survey data on detailed work activities, and using these measures examines whether the utilisation of skills is growing, and how they are valued in the labour market. We show that between 1997 and 2001 there was a growth in Britain in the utilisation of computing skills, literacy, numeracy, technical know-how, high-level communication skills, planning skills, client communication skills, horizontal communication skills, problem-solving, and checking skills. Computer skills utilisation was growing the fastest, and the use of computers was becoming more sophisticated. We re-evaluate the issue of whether computers have affected wages, taking into account existing critiques in the literature. We find that both computer skills and high-level communication skills carry positive wage premia, as shown both in cross-section hedonic wage equations that control for many detailed activities, and through a within-cohorts change analysis.

Item Type: Journal Article
Subjects: H Social Sciences > HC Economic History and Conditions
Journal or Publication Title: OXFORD ECONOMIC PAPERS-NEW SERIES
Publisher: OXFORD UNIV PRESS
ISSN: 0030-7653
Date: July 2004
Volume: 56
Number: 3
Number of Pages: 36
Page Range: pp. 371-406
Identification Number: 10.1093/oep/gpf049
Publication Status: Published
URI: http://wrap.warwick.ac.uk/id/eprint/8214

Data sourced from Thomson Reuters' Web of Knowledge

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