Abstract:During the last half-century, the evolution of educational attainment among Malaysians has been spectacular, and current enrollment rates suggest this progression will continue, albeit at a slower pace. Such a transformation of the educational attainment of labor should bring about macroeconomic effects such as wage compression, sectoral shifts and/or high skill unemployment , unless compensatory mechanisms exist. This article examines the impact of this evolution using a dynamic general equilibrium model appl… Show more
“…However, they are more focused on industries with high pollution and energy consumption. In terms of employment structure, Marouani and Nilsson (2016) and Rogers and Pleasants (2011) show that the green transition will stimulate the diversity of workers' employment skills, thus enriching the employment structure. In terms of the salary level, Kim et al (2015) hold the view that salary levels will decline under the industrial transformation.…”
Section: Discussionmentioning
confidence: 99%
“…In terms of employment structure, one research shows that environmental regulation affects regional employment structure by affecting regional industrial transfer (Wagner and Timmins, 2010). Similarly, research shows that technological progress will increase the demand for highly skilled workers (Marouani and Nilsson, 2016). In terms of wage level, research finds that environmental regulations had the biggest impact on wages in industries such as oil, coal, chemicals, and paper (Kim et al, 2015).…”
The United Nations formally adopted 17 sustainable development goals (SDGs) at the summit in 2015. With the goal of SDGs, China has formulated the “3,060” dual carbon target, that is, to achieve a carbon peak before 2030 and carbon neutrality before 2060. Consequently, this goal will direct positive changes in industrial transformation, and employment quality will be impacted. In this article, 106 listed manufacturing enterprises in the Yangtze River Delta are selected to explore the impacts of industrial transformation and just transition on employment. The result shows that the industrial transformation has no significant promoting effect on employment quality in state-owned enterprises (SOEs), and just transition has no significant moderating effect. However, in private enterprises, industrial transformation has a significant negative impact on employment equality. Moreover, employee training can alleviate the negative impact of industrial transformation on employment quality. On the contrary, employee welfare will play a negative moderating role. The conclusions of this research can help enterprises make better strategies to guarantee the interests of employees and stimulate staff. In addition, the government should advise relevant enterprises to transform steadily.
“…However, they are more focused on industries with high pollution and energy consumption. In terms of employment structure, Marouani and Nilsson (2016) and Rogers and Pleasants (2011) show that the green transition will stimulate the diversity of workers' employment skills, thus enriching the employment structure. In terms of the salary level, Kim et al (2015) hold the view that salary levels will decline under the industrial transformation.…”
Section: Discussionmentioning
confidence: 99%
“…In terms of employment structure, one research shows that environmental regulation affects regional employment structure by affecting regional industrial transfer (Wagner and Timmins, 2010). Similarly, research shows that technological progress will increase the demand for highly skilled workers (Marouani and Nilsson, 2016). In terms of wage level, research finds that environmental regulations had the biggest impact on wages in industries such as oil, coal, chemicals, and paper (Kim et al, 2015).…”
The United Nations formally adopted 17 sustainable development goals (SDGs) at the summit in 2015. With the goal of SDGs, China has formulated the “3,060” dual carbon target, that is, to achieve a carbon peak before 2030 and carbon neutrality before 2060. Consequently, this goal will direct positive changes in industrial transformation, and employment quality will be impacted. In this article, 106 listed manufacturing enterprises in the Yangtze River Delta are selected to explore the impacts of industrial transformation and just transition on employment. The result shows that the industrial transformation has no significant promoting effect on employment quality in state-owned enterprises (SOEs), and just transition has no significant moderating effect. However, in private enterprises, industrial transformation has a significant negative impact on employment equality. Moreover, employee training can alleviate the negative impact of industrial transformation on employment quality. On the contrary, employee welfare will play a negative moderating role. The conclusions of this research can help enterprises make better strategies to guarantee the interests of employees and stimulate staff. In addition, the government should advise relevant enterprises to transform steadily.
“…Despite incorporating demographic trajectories through their aggregate effect on GDP, this method fails to capture the differential impacts demographic change is expected to have on sectoral outputs. For instance, rapid increases in educational attainment have been found to have a differential impact on sectoral production growth according to whether the underlying sectors are unskilled labor-intensive or skilled labor-intensive (Marouani & Nilsson, 2016). Simulating the impact of long-term scenarios of educational attainment (e.g., Lutz et al, 2018) at the sectoral level would require further specification of sector-specific technological change.…”
Heterogeneity in ecologically consequential production inputs are rarely represented in temporally dynamic studies• Spatial aggregation disproportionately affects low income countries, notably Central America, Africa, the Middle East, and Central Asia• Key socioeconomic drivers within global socioeconomic scenarios have largely not been implemented within equilibrium studies
“…Similarly, different countries upgraded their educational systems at different times but we have not taken this into account. The quality of the research on skilled biased demand for older workers can also be further improved by taking into account the changes in compulsory education legislation and the expansion of higher education across countries (e.g., see Marouani and Nilsson, 2016). Notes: Heteroskedasticity-robust standard errors are corrected for clustering of observations at the country*industry level and shown in parentheses.…”
Using panel data from nine European countries over the period 1970 to 2007, we examine the impact of information and communication technology (ICT) on the demand for older workers (aged 50 and over). We find evidence of a decrease in demand for older workers in the 1970s and 1980s. It can be argued that the impact of ICT on demand for older workers is skill-biased. However, the skill-biased demand for older workers is mainly reflected in the skill-biased changes in employment shares rather than relative wages. There is some evidence of a gradual deskilling of older workers. We find that labour market institutions such as the national minimum wage, social pacts on wage issues and union density mostly benefit skilled older workers, while coordination of wage setting, extension of collective agreements, social pacts on pensions and centralisation of wage bargaining can alleviate the adverse effects of skill-biased technological change.JEL Classifications: J21, J24, J31
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