Industry-specific human capital and the wage profile: Evidence from Taiwan

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Title:	Industry-specific human capital and the wage profile: Evidence from Taiwan
Authors:	莊奕琦;Chuang, Yih-chyi;李鈞元;Lee, Chun-yuan
Contributors:	淡江大學經濟學系
Keywords:	ndustry-specific human capital;job matching;on-the-job training
Date:	2004-03-01
Issue Date:	2009-11-30 18:37:14 (UTC+8)
Publisher:	Springer
Abstract:	Using data from Taiwan's Manpower Utilization Survey (1979–2000), this paper finds evidence that supports the industry-specific human capital effect on wage tenure profiles. Work experience is used as an indirect measure for testing industry-specific human capital by comparing the effect between stayers and movers. Other things being equal and holding firm tenure constant, movers actually incur a wage loss measured by the wage premium of the work experience. However, a greater than average firm tenure effect, especially for movers in the voluntary group, reflects an underlying job-related matching process. We also find that the effect of work experience declines with education, while the effect of industry-specific human capital increases with education. JEL no. J24, J31, J41, J62.
Relation:	Review of world economics 140(1), pp.110-124
DOI:	10.1007/BF02659712
Appears in Collections:	[Graduate Institute & Department of Economics] Journal Article

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