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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20286| Title: | Experience and Technology Adoption |
| Keywords: | O30 J24 J31 ddc:330 experience computers vintage Bildungsertrag Innovationsdiffusion Technischer Fortschritt Vintage-Modell Humankapital Computergestütztes Verfahren Vereinigte Staaten Berufserfahrung |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | Vintage human capital models imply that young workers will be the primary adopters and beneficiaries of new technologies. Because technological progress in general, and computers in particular, may be skill-biased and because human capital increases over the lifecycle, technological change may favor experienced workers. This paper estimates the relationship between experience and technology adoption and the effect of technological change on the returns to experience. Estimates indicate that technological change is an important explanation for changes in experience premia. We find a complementarity between existing human capital and computer adoption and provide evidence that young workers are better able to adapt to new technologies. Our estimates also shed light on creative destruction models of the productivity slowdown. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20286 |
| Other Identifiers: | http://hdl.handle.net/10419/20286 ppn:380862298 |
| Appears in Collections: | EconStor |
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