• 论文 •

### 中国技能溢价、要素替代与效率水平变化的估计与分析

• 出版日期:2017-10-15 发布日期:2017-10-25

### The Estimate and Analysis of Skill Premium, Factor Substitution and Efficiency Level Change in China

Lei Qinli & Wang Yang

• Online:2017-10-15 Published:2017-10-25

Abstract: In this article, we present an approach to estimate the wages of skilled-labor and unskilled-labor, and estimate the wages of skilled-labor and unskilled-labor, and the level of skill premium during 1990-2014 in China. Then, using a two-level CES production function with factor-augmenting technical progress, and by normalized supply-side system approach, we estimate the elasticity of substitution between capital and skilled-labor, skilled-labor and unskilled-labor, capital and unskilled-labor, and estimate the technical progress function for each factor. Based on the decomposition equation of skill premium change which is built in this article, we evaluate the capital-skill complementarity effect, skilled-unskilled efficiency effect, and skilled-unskilled supply effect on the skill premium change.