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The possible endogeneity of labor and capital in production functions, and the consequent bias of the estimated elasticities, has been discussed and addressed in the literature in different ways since the 1940s. This paper revisits an argument first outlined in the 1950s, which questioned...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013323109
Recent studies show that, within countries, manufacturing labor productivity growth has outstripped aggregate labor productivity growth, putting significant downwards pressure on national manufacturing employment shares. We compile the first (nearly) global database of national manufacturing...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012942738
We investigate the claim that national labor markets have become more globally interconnected in recent decades. We do so by deriving estimates over time of three different notions of interconnection: (i) the share of labor demand that is export induced (i.e., all labor demand created by foreign...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012850071
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012644032
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012101607
We provide the first evidence that low- and middle-income countries with high education levels were more successful in developing comparative advantage in products unrelated to those they already export. In contrast, controlling for the relatedness of target products to these countries' exports,...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012491774
The possible endogeneity of labor and capital in production functions, and the consequent bias of the estimated elasticities, has been discussed and addressed in the literature in different ways since the 1940s. This paper revisits an argument first outlined in the 1950s, which questioned...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012655173
Persistent link: https://ebvufind01.dmz1.zbw.eu/10015050962
For decades, the literature on the estimation of production functions has focused on the elimination of endogeneity biases through different estimation procedures to obtain the correct factor elasticities and other relevant parameters. Theoretical discussions of the problem correctly assume that...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014449785
A worker is said to be overeducated if he/she has acquired more education than is required to perform his/her job. In the absence of data measuring the number of years of schooling required to perform particular jobs, we propose a new approach to testing for overeducation. Overeducation is...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014192490