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Evidence Of Technological Change
Part one of term paper
The early evidence on the importance of technological changes a source of the shifts in the relative demand for different types of labor during the 1980s came from case studies. The Bureau of labor Statistics conducted several case studies of the effects of changes in production processes in particular industries (Mark, 1987). In an industr ...
Part two of term paper ... lagged) rate of investment in computers and/ or other forms of “information capital” and the ratio of expenditures on research and development to sales on changes in the skill composition of industries (for examples, Berman, Bound and Griliches, 1994). The results of these studies are consistent with those of the case studies and the hypotheses that the recent technological change has shifted the relative demand for skilled labor to the right.
Changes in production techniques have widened acro ...
Word count: 1850 | Approximate pages: 7
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