Inequality in U.S. income distribution has increased dramatically
since the 1970s, now reaching levels not seen since the early 20th
century. The causes of this climb remain controversial. Many
studies blame skill-biased industry technological change that
leaves unskilled workers behind. However, those studies both use
indirect surrogates for technological change and include only
manufacturing industries, missing the much larger high technology
service industries. My study seeks a causal relationship between
directly measured high technology manufacturing and service
industry concentrations in each of the contiguous 48 states to
changes in earnings inequality over a ten-year period in each
state. My results challenge the conventional wisdom. I find a weak
relationship between increased high technology industry and
increased income inequality. High technology industry
concentrations appear to be neither a necessary nor a sufficient
condition for increasing income inequality. This analysis should be
useful to economists, social scientists, state and national
government policy makers and planners, and others seeking ways to
reduce income inequality.
General
Imprint: |
VDM Verlag
|
Country of origin: |
Germany |
Release date: |
August 2010 |
First published: |
August 2010 |
Authors: |
George Riley
|
Dimensions: |
229 x 152 x 7mm (L x W x T) |
Format: |
Paperback - Trade
|
Pages: |
112 |
ISBN-13: |
978-3-639-28731-8 |
Categories: |
Books >
Business & Economics >
Business & management >
General
|
LSN: |
3-639-28731-2 |
Barcode: |
9783639287318 |
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