| 000 | 02627cam a22003377 4500 | ||
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| 001 | w13006 | ||
| 003 | NBER | ||
| 005 | 20211020112057.0 | ||
| 006 | m o d | ||
| 007 | cr cnu|||||||| | ||
| 008 | 210910s2007 mau fo 000 0 eng d | ||
| 100 | 1 |
_aBeaudry, Paul. _95863 |
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| 245 | 1 | 0 |
_aSpill-Overs from Good Jobs / _cPaul Beaudry, David A. Green, Benjamin Sand. |
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_aCambridge, Mass. _bNational Bureau of Economic Research _c2007. |
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_a1 online resource: _billustrations (black and white); |
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| 490 | 1 |
_aNBER working paper series _vno. w13006 |
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| 500 | _aApril 2007. | ||
| 520 | 3 | _aDoes attracting or losing jobs in high paying sectors have important spill-over effects on wages in other sectors? The answer to this question is central to a proper assessment of many trade and industrial policies. In this paper, we explore this question by examining how predictable changes in industrial composition in favor of high paying sectors affect wage determination at the industry-city level. In particular, we use US Census data over the years 1970 to 2000 to quantify the relationship between changes in industry-specific city-level wages and changes in industrial composition. Our finding is that the spill-over (i.e., general equilibrium) effects associated with changes in the fraction of jobs in high paying sectors are very substantial and persistent. Our point estimates indicate that the total effect on average wages of a change in industrial composition that favors high paying sectors is about 3.5 times greater than that obtained from a commonly used composition-adjustment approach which neglects general equilibrium effects. We interpret our results as being most likely driven by a variant of the mechanism recently emphasized in the heterogenous firm literature whereby changes in competitive pressure cause a reallocation of employment toward the most efficient firms. | |
| 530 | _aHardcopy version available to institutional subscribers | ||
| 538 | _aSystem requirements: Adobe [Acrobat] Reader required for PDF files. | ||
| 538 | _aMode of access: World Wide Web. | ||
| 588 | 0 | _aPrint version record | |
| 690 | 7 |
_aJ31 - Wage Level and Structure • Wage Differentials _2Journal of Economic Literature class. |
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| 700 | 1 |
_aGreen, David A. _911813 |
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| 700 | 1 | _aSand, Benjamin. | |
| 710 | 2 | _aNational Bureau of Economic Research. | |
| 830 | 0 |
_aWorking Paper Series (National Bureau of Economic Research) _vno. w13006. |
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| 856 | 4 | 0 | _uhttps://www.nber.org/papers/w13006 |
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_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w13006 |
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_2ddc _cW-PAPER |
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_c335125 _d293687 |
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