Is technical change directed by the supply of skills? The case of South Korea

L Serrano; MP Timmer

doi:10.1016/s0165-1765(02)00058-7

Is technical change directed by the supply of skills? The case of South Korea

L Serrano^*, MP Timmer

^*Corresponding author for this work

FEB Research Institute

Research output: Contribution to journal › Article › Academic › peer-review

5 Citations (Scopus)

Abstract

In a recent contribution, Acemoglu [Quarterly Journal of Economics 113 (1998) 1055] modelled the effects of an increase in the supply of skills on the skill premium. We estimate a model to disentangle the short-run substitution effects and the effects of skill-biased technical change using industry data for South Korea for the period 1974-1998. (C) 2002 Elsevier Science B.V. All rights reserved.

Original language	English
Article number	PII S0165-1765(02)00058-7
Pages (from-to)	289-293
Number of pages	5
Journal	Economics Letters
Volume	76
Issue number	2
DOIs	https://doi.org/10.1016/s0165-1765(02)00058-7
Publication status	Published - Jul-2002

Keywords

skills supply
skill-biased technological change
South Korea
LABOR-MARKET
INEQUALITY

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Is technical change directed by the supply of skills The case of South Korea
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abstract = "In a recent contribution, Acemoglu [Quarterly Journal of Economics 113 (1998) 1055] modelled the effects of an increase in the supply of skills on the skill premium. We estimate a model to disentangle the short-run substitution effects and the effects of skill-biased technical change using industry data for South Korea for the period 1974-1998. (C) 2002 Elsevier Science B.V. All rights reserved.",

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AB - In a recent contribution, Acemoglu [Quarterly Journal of Economics 113 (1998) 1055] modelled the effects of an increase in the supply of skills on the skill premium. We estimate a model to disentangle the short-run substitution effects and the effects of skill-biased technical change using industry data for South Korea for the period 1974-1998. (C) 2002 Elsevier Science B.V. All rights reserved.

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KW - skill-biased technological change

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KW - LABOR-MARKET

KW - INEQUALITY

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Is technical change directed by the supply of skills? The case of South Korea

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Keywords

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