Industry-Specific Human Capital, Occupation and Firm Size: Evidence from Taiwan
作者: Li-Hsuan Huang
作者单位: 1Department of Economics, National Central University
刊名: Small Business Economics, 2003, Vol.20 (3), pp.205-218
来源数据库: Springer Journal
DOI: 10.1023/A:1022845929500
英文摘要: Abstract(#br)This paper investigates the importance of various types of human capital and highlights the role played by industry tenure in determining wages in Taiwan. It also aims to offer possible explanations as to why industry-specific human capital is much less significant than it is in the United States. Empirically, it is found that, other things being equal, accumulating industry tenure decreases earnings for both the least-skilled workers and those employed in mid-sized firms. Industry-specific skills are not yet deeply implemented in most occupations and firms of all sizes. This might also account for the remarkable level of labor reallocation among industries that is observed in Taiwan. Furthermore, the capital stock accumulated through education is found to be the most crucial...
全文获取路径: Springer  (合作)
影响因子:1.13 (2012)