Is technical change directed by the supply of skills? The case of South Korea. (Q1607284)
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scientific article; zbMATH DE number 1774151
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| English | Is technical change directed by the supply of skills? The case of South Korea. |
scientific article; zbMATH DE number 1774151 |
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Is technical change directed by the supply of skills? The case of South Korea. (English)
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31 July 2002
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In a recent contribution, \textit{D. Acemoglu} [Q. J. Econ. 113, 1055--1089 (1998; Zbl 0935.91027)] 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.
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Skills supply
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Skill-biased technological change
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South Korea
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0.8134738206863403
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0.7885901927947998
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0.7709301710128784
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0.768894374370575
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0.7667836546897888
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