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
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,J44Accepted Paper Series
Date posted: September 6, 2006
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