Increased Wage Inequality via ICTs: Making a Case for Human Capital Investment
Globalisation and technological advances have affected workers' livelihoods. This study analysed how capital investment in ICTs at the workplace affected marginalised low wage workers in a large sample of firms (n=632) in Singapore. We found that social investment by the state for ICTs investme...
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| Main Authors: | , |
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| Other Authors: | |
| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2017
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10356/85611 http://hdl.handle.net/10220/43802 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Globalisation and technological advances have affected workers' livelihoods. This study analysed how capital investment in ICTs at the workplace affected marginalised low wage workers in a large sample of firms (n=632) in Singapore. We found that social investment by the state for ICTs investments in workplaces led to a significant negative, albeit marginal, reduction in wage growth. We argue that these findings are supported by economic theory, and propose that government investment balance towards higher-order digital skills. We advocate for further research to measure the impact of worker ownership in enterprises on productivity growth, and hence equality objectives. |
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