S-Space College of Social Sciences (사회과학대학) Institute of Economics Research (경제연구소) Seoul Journal of Economics (SJE) Seoul Journal of Economics vol.19(2) (Summer 2006)
Technology Adoption and Wage Distribution in the U.S. Manufacturing Sector : Quantile Regression Analysis
- Issue Date
- Seoul Journal of Economics, Vol.19 No.2, pp. 215-232
- This paper examines the effect of technology adoption on the wage dispersion in the U.S. manufacturing sector using the quantile regression method. We obtain two main results. First during the period of 1970 to 1995, the marginal effect of capital intensity on wage has risen. Second, the marginal effect on high-wage quantiles has risen more than that on low-wage quantiles. These results suggest that (1) high-wage quantile have adopted technologies more actively than others and (2) highcaptial intensity industries have contributed to the widening of wage dispersion over the period.