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This paper examines the impact of technological innovation on wages using a panel of UK manufacturing firms. We utilize …. Innovating firms are found to have higher average wages, but rival innovation tends to depress own wages. This appears consistent … with a model where wages are partly determined by a sharing in the rents generated by innovation. In other words innovation …
Persistent link: https://www.econbiz.de/10005791279
Using the 2003 National Survey of College Graduates, I examine how immigrants perform relative to natives in activities likely to increase U.S. productivity, according to the type of visa on which they first entered the United States. Immigrants who first entered on a student/trainee visa or a...
Persistent link: https://www.econbiz.de/10008468510
time. Otherwise, it will gradually reduce its innovation effort over time and ultimately terminate production. Productivity …
Persistent link: https://www.econbiz.de/10005067455
This paper explores the implications of the ongoing reorganization of firms for inequality in the labour market. We show how recent technological advances in physical and human capital can lead to the breakdown of occupational barriers, creating demands for new combinations of skills, and...
Persistent link: https://www.econbiz.de/10005789077
The purpose of this paper is to shed some light on why so many smaller-scale firms which have traditionally been classified as sub-optimal scale firms can exist. We suggest that by pursuing a strategy of compensating factor differentials, that is by remunerating and deploying factors of...
Persistent link: https://www.econbiz.de/10005662285