Xiang, Chong - Research Seminar in International Economics, University … - 2002
This paper identifies and measures new goods in the U.S. manufacturing sector in the late 1970s and 1980s, and finds … that: (i) The average skilled-labor intensity of new goods exceeds that of old goods by over 40%; (ii) even within 4-digit … industries, new goods are slightly more skilled-labor intensive than old goods (by about 4%); (iii) new goods can account for …