Occupational and Industry Specificity of Human Capital in the British Labour Market

Posted: 18 Dec 2007

See all articles by Alexandros Zangelidis

Alexandros Zangelidis

University of Aberdeen - Business School

Date Written: October 2007

Abstract

This paper builds on the recent literature on the importance of occupational and industry experience on wages and extends Kambourov and Manovskii's (2002) study using British data. Occupational experience is estimated to make a significant contribution to wage growth, while the evidence on industry specificity is not very supportive. The second contribution of the paper is that it assesses whether there is heterogeneity in the estimated returns to work experience across 1-digit industries and occupations. The findings suggest that industry and occupational experience is important for individuals in professional and managerial jobs or jobs in the banking and finance sector.

Keywords: Occupational Experience; Industry Experience; Wages

JEL Classification: J24, J31, J41

Suggested Citation

Zangelidis, Alexandros, Occupational and Industry Specificity of Human Capital in the British Labour Market (October 2007). Available at SSRN: https://ssrn.com/abstract=1076243

Alexandros Zangelidis (Contact Author)

University of Aberdeen - Business School ( email )

Edward Wright Building
Dunbar Street
Aberdeen, Scotland AB24 3QY
United Kingdom

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