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Testing for R&D' Rents in Skilled Workers' Wage in the Manufacturing Industry of Colombia

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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.

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Firm Innovation and Growth

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FuenteSSRN Electronic Journal
Cuartil año de publicaciónNo disponible
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ISSN1556-5068

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