Skilled labor-augmenting technical progress in U.S. manufacturing
By: James A. Kahn and Jong-Soo Lim.
Contributors: Lim, Jong-Soo.; Federal Reserve Bank of New York.
Series: Staff reports ;; no. 47; Staff reports (Federal Reserve Bank of New York : Online) ;; no. 47.
Publisher: Federal Reserve Bank of New York
Published: 1998
Place of publication: [New York, N.Y.]
Language: eng
Format: Electronic resource
Subjects: Skilled labor -- United States -- Econometric models; Labor productivity -- United States -- Econometric models; Industrial productivity -- United States -- Econometric models; Manufacturing industries -- United States; United States -- Manufactures -- Labor productivity
Description: "This paper examines the role of skilled labor in the growth of total factor productivity.  We use panel data from manufacturing industries to assess the extent to which productivity growth in yearly cross section is tied to industry shares of skilled labor inputs.  We find robust evidence that productivity growth was increasingly concentrated in high-skill industries during a unique ten-year period beginning in the early 1970s.  We do not find any positive association of productivity growth with new capital investment"--Federal Reserve Bank of New York web site.
Notes: Includes bibliographical references.
Title from PDF file as viewed on 2/2/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.