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Testing for R&D' Rents in Skilled Workers' Wage in the Manufacturing Industry of ColombiaIván Darío Hernández UmañaNational University of Colombia Revista de Economia del Rosario, Vol. 4, No. 1, pp. 84-115, June 2001 Abstract: This paper examines if firm investments in research and experimental development (R&D) activities generate quasi-rents in the wages of skilled workers in the manufacturing industries of Colombia. It will test the hypothesis that variations in wages of skilled workers and in R&D spending are both endogenously determined in manufacturing firms. By testing this hypothesis I determine whether skills and R&D activities offer an explanation for quasi-rents among workers wages.
Number of Pages in PDF File: 36 Keywords: Research and Development, skilled workers, wages, quasi rents JEL Classification: J31,J44 Accepted Paper SeriesDate posted: September 6, 2006Suggested CitationContact Information
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