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

36 Pages Posted: 6 Sep 2006

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.

Keywords: Research and Development, skilled workers, wages, quasi rents

JEL Classification: J31,J44

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: https://ssrn.com/abstract=928516

Iván Darío Hernández Umaña (Contact Author)

National University of Colombia ( email )

Carrera 30 45-03
Bogota, None
Colombia

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