The Comparative Advantage of Educated Workers in Implementing New Technology
通过估计包含技术经验(以资本存量的平均年龄衡量)的劳动需求方程,发现受教育工人对新技术有比较优势,且工厂和设备年龄增加会降低对受教育工人的相对需求,尤其在研发密集型行业。
The authors estimate labor dem and equations derived from a (restricted variable) cost function in which experience on a technology (proxied by the mean age of the capital stock) enters non-neutrally. The specification of the underlying cost function isbased on the hypothesis that highly educated workers have a comparative advantage with re spect to the adjustment to, and implementation of, new technologies. The empiric al results are consistent with the implication of this hypothesis, that the rel ative demand for educated workers declines as the ages of plant and (particularl y) of equipment increase, especially in R&D-intensive industries. Copyright 1987 by MIT Press.