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Technological change and wage premiums amongst high-skilled labour

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  • Jaakko Pehkonen
  • Tapani Neuvonen
  • Jari Ojala

Abstract

This study examines the impact of the steam engine, which produced wide and long-lasting economic growth from the 19th century to the early 20th century, on the wages of high-skilled seamen in the Swedish merchant maritime shipping industry. The analysis focuses on the years 1869–1914, which was a transition period during which traditional sailing ships were replaced by steam-powered vessels. The study shows that all high-skilled occupations received wage gains under steam technology. The evidence on wage polarization amongst the high-skill occupations remains subtle, although there is certain evidence that wage premiums vary by occupation.

Suggested Citation

  • Jaakko Pehkonen & Tapani Neuvonen & Jari Ojala, 2019. "Technological change and wage premiums amongst high-skilled labour," Applied Economics Letters, Taylor & Francis Journals, vol. 26(19), pages 1563-1566, November.
    • Handle: RePEc:taf:apeclt:v:26:y:2019:i:19:p:1563-1566
    DOI: 10.1080/13504851.2019.1584367
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    Cited by:

    1. Thanos Fragkandreas, 2022. "Three Decades of Research on Innovation and Inequality: Causal Scenarios, Explanatory Factors, and Suggestions," Working Papers 60, Birkbeck Centre for Innovation Management Research, revised Feb 2022.
    2. Sergey Alexeev, 2023. "Technical change and wage premiums amongst skilled labour: Evidence from the economic transition," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(1), pages 189-216, January.

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