Abstract

This thesis analyzes the effect of technical expenditures on the demand for labor in the oil and gas extraction industry. This analysis was done using a fixed-effect regression model. The findings suggest that increases in technological expenditures have an adverse effect on wages for laborers employed within the industry. The broader implications are increased technologies expenditures increase the wages for employees of higher skill, but negatively affect wages of those with lesser human capital stock.

Advisor

Mellizo, Philip

Department

Economics

Disciplines

Labor Economics

Publication Date

2016

Degree Granted

Bachelor of Arts

Document Type

Senior Independent Study Thesis

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© Copyright 2016 Michael L. Mays