Returns to ICT Skills:
How important is mastering information and communication technologies (ICT) in modern labour markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries from the OECD Programme for the International...
Gespeichert in:
| 1. Verfasser: | |
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2016
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| Schriftenreihe: | OECD Education Working Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | How important is mastering information and communication technologies (ICT) in modern labour markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries from the OECD Programme for the International Assessment of Adult Competencies (PIAAC). Our identification strategy relies on the idea that Internet access is important in the formation of ICT skills, and we implement instrumental-variable models that leverage exogenous variation in Internet availability across countries and across German municipalities. ICT skills are substantially rewarded in the labour market: returns are at 8% for a one standard-deviation increase in ICT skills in the international analysis and are almost twice as large in Germany. Placebo estimations show that exogenous Internet availability cannot explain numeracy or literacy skills, suggesting that our identifying variation is independent of a person's general ability. Our results further suggest that the proliferation of computers complements workers in executing abstract tasks that require ICT skills |
| Beschreibung: | 1 Online-Ressource (61 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5jlzfl2p5rzq-en |
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| spelling | Falck, Oliver Verfasser aut Returns to ICT Skills Oliver Falck, Alexandra Heimisch and Simon Wiederhold Paris OECD Publishing 2016 1 Online-Ressource (61 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Education Working Papers How important is mastering information and communication technologies (ICT) in modern labour markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries from the OECD Programme for the International Assessment of Adult Competencies (PIAAC). Our identification strategy relies on the idea that Internet access is important in the formation of ICT skills, and we implement instrumental-variable models that leverage exogenous variation in Internet availability across countries and across German municipalities. ICT skills are substantially rewarded in the labour market: returns are at 8% for a one standard-deviation increase in ICT skills in the international analysis and are almost twice as large in Germany. Placebo estimations show that exogenous Internet availability cannot explain numeracy or literacy skills, suggesting that our identifying variation is independent of a person's general ability. Our results further suggest that the proliferation of computers complements workers in executing abstract tasks that require ICT skills Education Heimisch, Alexandra ctb Wiederhold, Simon ctb https://doi.org/10.1787/5jlzfl2p5rzq-en Verlag kostenfrei Volltext |
| spellingShingle | Falck, Oliver Returns to ICT Skills Education |
| title | Returns to ICT Skills |
| title_auth | Returns to ICT Skills |
| title_exact_search | Returns to ICT Skills |
| title_exact_search_txtP | Returns to ICT Skills |
| title_full | Returns to ICT Skills Oliver Falck, Alexandra Heimisch and Simon Wiederhold |
| title_fullStr | Returns to ICT Skills Oliver Falck, Alexandra Heimisch and Simon Wiederhold |
| title_full_unstemmed | Returns to ICT Skills Oliver Falck, Alexandra Heimisch and Simon Wiederhold |
| title_short | Returns to ICT Skills |
| title_sort | returns to ict skills |
| topic | Education |
| topic_facet | Education |
| url | https://doi.org/10.1787/5jlzfl2p5rzq-en |
| work_keys_str_mv | AT falckoliver returnstoictskills AT heimischalexandra returnstoictskills AT wiederholdsimon returnstoictskills |