ICT capital-skill complementarity and wage inequality: Evidence from OECD countries
ICT capital-skill complementarity and wage inequality: Evidence from OECD countries
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ICT 资本技能互补性和工资不平等:来自 OECD 国家的证据
DOI:
10.1016/j.labeco.2022.102151
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发表时间:
2022
期刊:
影响因子:
2.4
通讯作者:
Yamada Ken
中科院分区:
文献类型:
--
作者:
Taniguchi Hiroya;Yamada Ken
Although wage inequality has evolved in advanced countries over recent decades, it remains unknown the extent to which changes in wage inequality and their differences across countries are attributable to specific capital and labor quantities. We examine this issue by estimating a sector-level production function extended to allow for capital–skill complementarity and factor-biased technological change using cross-country and cross-industry panel data. Our results indicate that most of the changes in the skill premium are attributable to the relative quantities of ICT equipment, skilled labor, and unskilled labor in the goods and service sectors of the majority of advanced countries.