UCL Discovery
UCL home » Library Services » Electronic resources » UCL Discovery

The Supply of Skill and Endogenous Technical Change: Evidence From a College Expansion Reform

Carneiro, Pedro; salvanes, kjell; liu, kai; (2022) The Supply of Skill and Endogenous Technical Change: Evidence From a College Expansion Reform. Journal of the European Economic Association 10.1093/jeea/jvac032. (In press). Green open access

[thumbnail of Carneiro_The Supply of Skill and Endogenous Technical Change_AOP.pdf]
Preview
Text
Carneiro_The Supply of Skill and Endogenous Technical Change_AOP.pdf

Download (1MB) | Preview

Abstract

We examine the labor market consequences of an exogenous increase in the supply of skilled labor in several municipalities in Norway, resulting from the construction of new colleges in the 1970s. We find that skilled wages increased as a response, suggesting that along with an increase in the supply there was also an increase in demand for skill. We also show that college openings led to an increase in the productivity of skilled labor and investments in R&D. Our findings are consistent with models of endogenous technical change where an abundance of skilled workers may encourage firms to adopt skill-complementary technologies.

Type: Article
Title: The Supply of Skill and Endogenous Technical Change: Evidence From a College Expansion Reform
Open access status: An open access version is available from UCL Discovery
DOI: 10.1093/jeea/jvac032
Publisher version: https://doi.org/10.1093/jeea/jvac032
Language: English
Additional information: © The Author(s) 2022. Published by Oxford University Press on behalf of European Economic Association. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/).
Keywords: I24 - Education and InequalityJ23 - Labor DemandJ24 - Human Capital; Skills; Occupational Choice; Labor ProductivityO33 - Technological Change: Choices and Consequences; Diffusion Processes
UCL classification: UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL
URI: https://discovery.ucl.ac.uk/id/eprint/10146523
Downloads since deposit
60Downloads
Download activity - last month
Download activity - last 12 months
Downloads by country - last 12 months

Archive Staff Only

View Item View Item