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Under innovation-induced growth, industry upgrading depends on skilled worker and its allocation efficiency.However,Incomplete market including monopoly and unbalanced industry impeled skilled worker to flow into rent-seeking departments,which caused skill misallocation across sectors,and thus...
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We document for a broad panel of advanced economies that increases in GDP per capita are associated with a shift in the composition of value added to sectors that are intensive in high-skill labor. It follows that further development in these economies leads to an increase in the relative demand...
Persistent link: https://www.econbiz.de/10013022602
We document for a broad panel of advanced economies that increases in GDP per capita are associated with a shift in the composition of value added to sectors that are intensive in high-skill labor. It follows that further development in these economies leads to an increase in the relative demand...
Persistent link: https://www.econbiz.de/10012457502
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