Akay, Gokhan H.; Yuksel, Mutlu - Institut zur Zukunft der Arbeit <Bonn> - 2009
Using U.S. manufacturing data, Griliches (1969) found evidence suggesting that capitalequipment was more substitutable for unskilled than skilled labor. Griliches formulated thisfinding as the capital-skill complementarity hypothesis. The purpose of this study is todetermine whether the...