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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20551| Title: | Technical Change and the Wage Structure During the Second Industrial Revolution : Evidence from the Merchant Marine, 1865-1912 |
| Keywords: | H52 J62 I21 ddc:330 wage inequality skill premium skill-biased technical change Technischer Fortschritt Lohnstruktur Industrialisierung Schifffahrt Kanada: Atlantikküste |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | Using a large, individual-level wage data set, we examine the impact of a major technological innovation – the steam engine – on skill demand and the wage structure in the merchant shipping industry. We find that the technical change created a new demand for skilled workers, the engineers, while destroying demand for workers with skills relevant only to sail. It had a deskilling effect on production work – able-bodied seamen (essentially, artisans) were replaced by unskilled engine room operatives. On the other hand, mates and ablebodied seamen employed on steam earned a premium relative to their counterparts on sail. A wholesale switch from sail to steam would increase the 90/10 wage ratio by 40%, with most of the rise in inequality coming from the creation of the engineer occupation. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20551 |
| Other Identifiers: | http://hdl.handle.net/10419/20551 ppn:460242628 |
| Appears in Collections: | EconStor |
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