COTE-COLISSON, Nicolas; LEGENDRE, François - In: Annales d'Economie et de Statistique (1999) 55-56, pp. 69-96
The aim of this paper is to show that it would be easier, for firms, to substitute capital for low skilled labor than to substitute capital for high skilled labor. To test this conjecture, we use panel data spanned from 1980 to 1987 on nearly 800 French manufacturing firms. We first propose a...