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Testing for R&D' Rents in Skilled Workers' Wage in the Manufacturing Industry of Colombia


Iván Darío Hernández Umaña


National 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

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Date posted: September 6, 2006  

Suggested Citation

Hernández Umaña, Iván Darío, Testing for R&D' Rents in Skilled Workers' Wage in the Manufacturing Industry of Colombia. Revista de Economia del Rosario, Vol. 4, No. 1, pp. 84-115, June 2001. Available at SSRN: http://ssrn.com/abstract=928516

Contact Information

Iván Darío Hernández Umaña (Contact Author)
National University of Colombia ( email )
Carrera 30 45-03
Bogota, None
Colombia
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