Advanced Technologies and Wage Premiums: Evidence from the Taiwan Electronics Industry
Journal
經濟論文叢刊
Journal Volume
27
Journal Issue
3
Pages
285-309
Date Issued
1999-09
Date
1999-09
Author(s)
Tsou, M.W.
Abstract
This article uses direct information on technology use to examine the technology-wage relationship. Specific technologies considered include computer equipment and five different automation machines. Our econometric model includes controls for endogenous adoptions of new technologies. Using a sample of Taiwan electronics firms, we find that firms use advance technologies pay skilled-worker higher wages than firms with no technologies. Firms using more advanced technologies also pay higher wages to skilled workers. In additions, firms with larger scales, that have higher capital-labor ratios, or that are foreign-owned tend to have higher wages. For technology adoption decisions, firms with higher wages have a higher probability of adopting new technology and employing more advanced technologies. Our results suggest the simultaneity of technology-wage relationship.
Subjects
先進技術
工資報酬
規模與工資溢酬
Advanced technology
Wage premium
Size-wage premium
Type
journal article