Relevant bibliographies by topics / The labor theory of value

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers
  6. Reports

Academic literature on the topic 'The labor theory of value'

Author: Grafiati
Published: 5 June 2025
Last updated: 1 August 2025

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Journal articles on the topic "The labor theory of value"

1

Baeza and González. "Labor Productivity and Marxist Theory of Labor Value." World Review of Political Economy 11, no. 3 (2020): 377. http://dx.doi.org/10.13169/worlrevipoliecon.11.3.0377.

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耿, 文秀. "Digital Labor in the Marxist Labor Theory of Value." Advances in Philosophy 13, no. 06 (2024): 1205–11. http://dx.doi.org/10.12677/acpp.2024.136180.

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Keen, Steve. "Use-Value, Exchange Value, and the Demise of Marx's Labor Theory of Value." Journal of the History of Economic Thought 15, no. 1 (1993): 107–21. http://dx.doi.org/10.1017/s1053837200005290.

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Karl Marx was the greatest champion of the labor theory of value. The logical problems of this theory have, however, split scholars of Marx into two factions: those who regard it as an indivisible component of Marxism, and those who wish to continue the spirit of analysis begun by Marx without the labor theory of value. In the debate between these two camps, the former has attempted to draw support from Marx's concepts of value, while the latter has ignored them, taking instead as their starting point the truism that production generates a surplus. Nevertheless, a careful examination of the de
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Collins, Jane L. "Expanding the labor theory of value." Dialectical Anthropology 40, no. 2 (2016): 103–23. http://dx.doi.org/10.1007/s10624-016-9418-5.

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Bellofiore, Riccardo. "A Monetary Labor Theory of Value." Review of Radical Political Economics 21, no. 1-2 (1989): 1–25. http://dx.doi.org/10.1177/048661348902100103.

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Wu, J., and Z. Wu. "Value equilibrium analysis based on the New Theory of Value. I." Russian Journal of Industrial Economics 16, no. 2 (2023): 13–26. http://dx.doi.org/10.17073/2072-1633-2023-2-141-154.

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The (traditional) labor theory of value, founded by Smith with the basic axiom that labor determines value, and supplemented and improved by Marx with the axiom that labor creates surplus-value. Neoclassical economics newly studied the utility theory of value, but it abandoned the traditional labor theory of value and theory of surplus-value. Under the basic axiomatic system analogous to theoretical mechanics, the above three theories of value has been included and developed by the new theory of value, which established the value complex variable function including three basic quantities of qu
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韦, 畅. "Digital Labor from the Perspective of Marxist Labor Value Theory." Advances in Philosophy 13, no. 07 (2024): 1429–35. http://dx.doi.org/10.12677/acpp.2024.137212.

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Mohun, Simon. "Productive and Unproductive Labor in the Labor Theory of Value." Review of Radical Political Economics 28, no. 4 (1996): 30–54. http://dx.doi.org/10.1177/048661349602800402.

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Mossoff, Adam. "SAVING LOCKE FROM MARX: THE LABOR THEORY OF VALUE IN INTELLECTUAL PROPERTY THEORY." Social Philosophy and Policy 29, no. 2 (2012): 283–317. http://dx.doi.org/10.1017/s0265052511000288.

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AbstractThe labor theory of value is fundamental to John Locke’s justification for property rights, but Edwin Hettinger argues in a famous article, “Justifying Intellectual Property,” that it fails to justify intellectual property rights. Hettinger believes that the labor theory of value cannot justify a right to the full economic value in an invention or book, because the creator’s physical labor contributes only proportionally to this socially-created market value. Robert Nozick, G. A. Cohen, and other philosophers similarly dismiss the labor theory of value as illogical or incoherent. But t
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ERAY, Sinem. "LABOR THEORY OF VALUE AND OVERCOMING ALIENATION." JOURNAL OF ACADEMIC SOCIAL RESOURCES 6, no. 23 (2021): 296–301. http://dx.doi.org/10.31569/asrjournal.190.

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Dissertations / Theses on the topic "The labor theory of value"

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Smith, Murray E. G. "The value controversy and social theory : an inquiry into Marx's 'labor theory of value'." Thesis, University of British Columbia, 1989. http://hdl.handle.net/2429/29292.

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The aim of this study is to establish the key importance of preserving and developing Marx's 'labor theory of value' to the project of reconstructing social theory on an 'historical-materialist' basis. The seminal significance of the conceptualization of 'economic value' to wide bodies of social theory is indicated by the profound impact of the 'marginalist' theory of value/price on twentieth-century social science — not just economic theory, but such sociological paradigms as structural functionalism and social exchange theory as well. Curiously, however, the controversy surrounding Marx's th
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Зайцев, Олександр Васильович, Александр Васильевич Зайцев, and Oleksandr Vasylovych Zaitsev. "The Development of the Classical Theory of Labor Value." Thesis, Baltija Publishing, 2017. http://essuir.sumdu.edu.ua/handle/123456789/65814.

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Автор надає переклад тексту українською мовою. The author provides the translation of the text in Ukrainian.<br>У цій статті описується новий економічний показник (індикатор), який характеризує обсяг витраченої людиною праці в ролі показника такої оцінки, яка відрізняється від оцінки традиційними грошовими показниками.<br>В этой статье описывается новый экономический показатель (индикатор), который характеризует объем затраченного человеком труда в роли показателя такой оценки, которая отличается от оценки традиционными денежными показателями.<br>This article describes a new economic indicato
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Taylor, Calvin Francis. "The role of the value-form in the labour theory of value." Thesis, University of Glasgow, 1991. http://theses.gla.ac.uk/3503/.

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It is repeatedly claimed that the labour theory of value is fatally flawed. Whether as a result of this claim, or as is more likely a change in the intellectual atmosphere, there has in recent years been little debate of the merits and weaknesses of the labour theory of value. The principal objective of this thesis is to re-examine a number of the flaws more widely debated in an earlier period and to show that the claim that the labour theory of value is flawed is false. The thesis claims that the work of Marx represents thus far the single most important contribution to the development of the
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SILVA, FERNANDO DE OLIVEIRA TEIXEIRA DA. "IS IT WORTH THE COST?: LABOR REFORM IN BRAZIL UNDER THE MEDIATION OF LABOR VALUE THEORY." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2011. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=18868@1.

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COORDENAÇÃO DE APERFEIÇOAMENTO DO PESSOAL DE ENSINO SUPERIOR<br>PROGRAMA DE SUPORTE À PÓS-GRADUAÇÃO DE INSTS. DE ENSINO<br>Este estudo busca analisar o processo de atualização da legislação do trabalho no Brasil, iniciado durante o primeiro governo de Fernando Henrique Cardoso e que se encontra ainda em curso no país, na forma de diversos projetos de lei e outros dispositivos que já alteraram ou pretendem alterar a legislação trabalhista. Pretende-se investigar se essas alterações, tanto as já realizadas como aquelas em fase de projeto, têm o sentido de institucionalizar práticas laborativas j
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Smith, Christopher S. "Divisional strategy : value creation and relatedness within the multidivisional firm." Thesis, University of Warwick, 1999. http://wrap.warwick.ac.uk/4287/.

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From an economic perspective the value of a group of related businesses under one management is derived from the potential for synergy, based on the exploitation of underlying economies of scope. To realise this inherent economic value, organisational theorists have argued that a purposively cooperative pattern of structures, systems and processes must be put in place. Divisions of modem multidivisional companies are internal, quasi-corporations of related businesses and, as such, theoretical economic/organisational rationales would posit divisions as cooperative enterprises. Using a sample of
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Jung, Jin Wook. "Shareholder Value and Workforce Downsizing, 1981-2006." Thesis, Harvard University, 2012. http://dissertations.umi.com/gsas.harvard:10511.

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Even before the current economic meltdown, waves of downsizing, starting in the late 1970s, had swept corporate America, eroding workers’ expectations of economic security. But not only did downsizing become more prevalent during this period; its basic nature changed. Previously, firms had cut jobs temporarily, to adjust the size of their workforce during a downturn. Since the late 70s, firms have increasingly cut jobs in both good and bad times, in order to boost stock price. My dissertation examines the inter-group power dynamics underlying the transformation of workforce downsizing as a sh
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Cruddas, Jonathan. "An analysis of value theory, the sphere of production and contemporary approaches to the reorganisation of workplace relations." Thesis, University of Warwick, 1991. http://wrap.warwick.ac.uk/4247/.

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This project considers contemporary theoretical and practical approaches to the restructuring of work relations by engaging with dominant traditions within micro-economic analysis. It is proposed that a full understanding of the contemporary debates can only be achieved by locating the various contributions within the history of social thought, specifically in terms of the different conceptions of value within economics which underscore different approaches to the world of capitalist work relations. The first section, Chapters Two and Three, considers the theoretical premises of orthodox econo
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Ahumada, Pablo Emiliano. "The Theoretical Relevance Of An Updated Marxian Theory Of Commodity In Economics." Master's thesis, Lincoln University. Commerce Division, 2007. http://theses.lincoln.ac.nz/public/adt-NZLIU20080319.150942/.

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How does material production become socially recognised in capitalism? This is a fundamental question to be addressed in capitalist production, since material production takes place privately and independently in a global and atomistic system. This thesis shows that the question is tackled by Marx in the first three chapters of Capital. The process of social recognition of material production is that of the realisation of work carried out privately and independently as part of the social labour. For Marx this occurs through the private and independent work becoming objective social labour as t
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Bustard, Sean Cashel. "Marx, Economic Sustainability, and Ideal Capital." Digital Archive @ GSU, 2010. http://digitalarchive.gsu.edu/philosophy_theses/70.

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My purpose in this work is to argue that the resolution of capitalism’s contradictions, as they are understood by Marx, fits the criteria of an economic movement towards sustainability. The Marxist analysis of capitalism, while accurate in many respects (especially with the explanation of contradictions generated in the capitalist free market), requires more explanation of the manner in which the economic process of valuation is to continue in the stages succeeding late capitalism. This work will provide an explanation of this economic transition that remains faithful to Marx’s understanding o
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Kobashigawa, Ben. "The political economy of consumption : labour, labour-power and consumption in the Marxist theory of value." Thesis, University of Edinburgh, 1985. http://hdl.handle.net/1842/19022.

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Books on the topic "The labor theory of value"

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Corlett, William S. Class action: Reading labor, theory, and value. Cornell University Press, 1998.

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Kuhne, Frank. Begriff und Zitat bei Marx: Die idealistische Stuktur des Kapitals und ihre nicht-idealistische Darstellung. zu Klampen, 1995.

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Kocjančič, Rudi. Delo kot mit in kot stvarnost: Marxov koncept dela in naš politični sistem. Zal. Lipa, 1990.

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Tsuto, Masahiro. Rōdō no kachi kara rōdō no imi e: "gutaiteki rōdō" ron no kokoromi. Ōsaka Furitsu Daigaku Keizai Gakubu, 1998.

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Sterlikov, Pavel Fedorovich. Nanoėkonomika--iskhodnyĭ punkt formirovanii︠a︡ stoimosti blaga. Ėkonomicheskie nauki, 2008.

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Azcurra, Fernando Hugo. Marx y la teoría subjetiva del valor. Catálogos, 1993.

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Matthiessen, Christian. Franz Petrys kulturwissenschaftliche Interpretation der Marx'schen Werttheorie: Rekonstruktion und Kritik eines neukantianischen Versuchs. Hochschulverlag, 1989.

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Seják, Josef. K pojetí společensky nutných nákladů a úloze cen v intenzívním typu reprodukce. Ekonomický ústav ČSAV, 1987.

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Cheremisinov, G. A. O tolkovanii trudovoĭ teorii stoimosti: Ėkonomicheskai͡a︡ germenevtika. Saratovskiĭ obl. in-t usovershenstvovanii͡a︡ uchiteleĭ, 1994.

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Silin, A. N. Zhivoĭ i oveshchestvlennyĭ trud v mekhanizme ėkonomicheskikh prot͡s︡essov. "Nauka", 1990.

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Book chapters on the topic "The labor theory of value"

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de la Sienra, Adolfo García. "Abstract labor and labor-value." In A Structuralist Theory of Economics. Routledge, 2019. http://dx.doi.org/10.4324/9781315100609-9.

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Şimşek, Büşra, and Murat Ustaoğlu. "Labor Theory of Value." In The Palgrave Encyclopedia of Islamic Finance and Economics. Springer Nature Switzerland, 2025. https://doi.org/10.1007/978-3-030-93703-4_312-1.

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Jinju, Pang. "Labor Theory of Value." In Dictionary of Contemporary Chinese Economics. Springer Nature Singapore, 2025. https://doi.org/10.1007/978-981-97-4036-9_30.

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Kalb, Don. "Between the labor theory of value and the value theory of labor." In The Routledge Handbook of the Anthropology of Labor. Routledge, 2022. http://dx.doi.org/10.4324/9781003158448-6.

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De La Sienra, Adolfo García. "Abstract Labor." In The Logical Foundations of the Marxian Theory of Value. Springer Netherlands, 1992. http://dx.doi.org/10.1007/978-94-011-2694-6_6.

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Hosseini, S. A. Hamed, and Barry K. Gills. "Toward a Commonist (Labor) Theory of Value." In Capital Redefined. Routledge, 2023. http://dx.doi.org/10.4324/9781003340386-5.

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Duménil, Gérard, and Dominique Lévy. "Production and Management: Marx’s Dual Theory of Labor." In Value and the World Economy Today. Palgrave Macmillan UK, 2003. http://dx.doi.org/10.1057/9780230524613_8.

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Vianello, Fernando. "Labour Theory of Value." In The New Palgrave Dictionary of Economics. Palgrave Macmillan UK, 1987. http://dx.doi.org/10.1057/978-1-349-95121-5_1054-1.

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Vianello, Fernando. "Labour Theory of Value." In The New Palgrave Dictionary of Economics. Palgrave Macmillan UK, 2008. http://dx.doi.org/10.1057/978-1-349-95121-5_1054-2.

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Vianello, Fernando. "Labour Theory of Value." In The New Palgrave Dictionary of Economics. Palgrave Macmillan UK, 2018. http://dx.doi.org/10.1057/978-1-349-95189-5_1054.

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Conference papers on the topic "The labor theory of value"

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Wadsworth, Steven. "Minimum Requirements for Specified Inspection." In CONFERENCE 2025. AMPP, 2025. https://doi.org/10.5006/c2025-00341.

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Abstract With the rising cost of materials, labor, insurance, etc., owners, engineers and project managers are becoming more and more sensitive to unwarranted expenses associated with construction related projects. It is safe to assume that each owner and engineer desires a quality paint project. However, the added cost of an independent paint inspector can really hit the bottom line. Requiring quality assurance (QA) or quality control (QC) inspections on any painting project is a step in the right direction. History has shown that projects that incorporate proper inspection procedures increas
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Monjezi, Verya, Ashutosh Trivedi, Vladik Kreinovich, and Saeid Tizpaz-Niari. "Fairness Testing Through Extreme Value Theory." In 2025 IEEE/ACM 47th International Conference on Software Engineering (ICSE). IEEE, 2025. https://doi.org/10.1109/icse55347.2025.00070.

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Dongfang, Shan. "From the Perspective of Marx’s Labor Theory of Value on the Value Creation of China’s Cultural Industry." In 2021 International Conference on Culture, Design and Social Development (CDSD 2021). Atlantis Press, 2022. http://dx.doi.org/10.2991/assehr.k.220109.087.

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Song, Shuli. "The dynamic game analysis for international competition: A view of the labor theory of value." In 2012 3rd International Conference on System Science, Engineering Design and Manufacturing Informatization (ICSEM). IEEE, 2012. http://dx.doi.org/10.1109/icssem.2012.6340737.

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Jokanović, Igor, and Milica Pavić. "LABOR-BASED MAINTENANCE OF ROADS." In Assessment, maintenance and rehabilitation of structures. Association of Civil Engineers of Serbia, 2024. http://dx.doi.org/10.46793/sgisxiii.10ij.

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The provision of rural infrastructure has been a core priority of governments around the world for many decades to improve the welfare of rural populations and increase the productivity and value added from agriculture and other economic activities in rural areas. One of the most dominant types of rural transport infrastructure is the road infrastructure which provides access to the end point - home, field, market, education and health facilities, etc. Poorly maintained roads constrain mobility, significantly raise vehicle operating costs, increase accident rates and their associated human and
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Kowarsch, Dandan, and Jingyu Wang. "The Impact of Refugees on Economic Growth in Latin America and the Caribbean." In 13th International Conference on Applied Human Factors and Ergonomics (AHFE 2022). AHFE International, 2022. http://dx.doi.org/10.54941/ahfe1002294.

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The aim of this article is to explore the relationship between refugees and the host country’s economic growth in Latin America and the Caribbean using a simulation modeling approach. There is a large body of work on the topic using statistics. However, one big challenge of conducting econometrics methods to unveil any correlation is that regressions are data dependent. Since the current available refugee data doesn’t truly represent the reality as there has been a quite substantial number of unregistered Venezuelan refugees in Latin America and Caribbean region since 2015. Using agent-based s
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Dang Minh, Tien. "HIGH-QUALITY HUMAN RESOURCES DEVELOPMENT IN INTERGATION AND DEVELOPMENT PROCESS OF VIET NAM." In International Conference on Political Theory: The International Conference on Human Resources for Sustainable Development. Bach Khoa Publishing House, 2023. http://dx.doi.org/10.51316/icpt.hust.2023.13.

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Human resources, especially high-quality human resources play an important role in the development of the economy and society. In a globalization circumstance with a strong development of "Industries 4.0", Vietnamese government was focusing on building highly qualified human resources to satisfy the need for development and globalization, concentrating human resources for industries with high technology content and added value, improving training quality to meet labor market requirements at home and abroad. However, over the past years, Vietnam has faced great challenges, high-quality human re
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Maternity, Dainty, Putri Jayanti, and Ratna Dewi Putri. "BIRTHING BALL SUPRESSES THE INTENSITY OF LABORPAIN IN PHASE 1." In International Conference on Public Health and Medical Sciences. Goodwood Conferences, 2022. http://dx.doi.org/10.35912/icophmeds.v1i1.17.

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Data issued by Directorate of Maternal Health in 2012 showed that maternal death in Indonesia was caused by several collapses. These factors, among others, bleeding (30.1%), hypertension (26.9%), infection (5.6%), old particular (1.8%), abortion (1.6%) and other causes (34.5%). Based on these data, the old partus is one of the factors that contributes to maternal mortality in Indonesia even though with a fairly small percentage. The purpose of this study is the effectiveness of Birthing Ball administration of labor pain in 1 phase maternity of active phase in the working area of the Talang Jaw
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Serkina, A. V., E. M. Melnik, M. V. Rylnikova, and B. von Oehsen. "Assisted Employment of Young People Who Previously Lived in Psychoneurological Residential Institutions within the framework of the Assisted Living Project." In Proceedings of III Research-to-Practice Conference with International Participation “The Value of Everyone. The Life of a Person with Mental Disorder: Support, Life Arrangements, Social Integration”. Terevinf, 2023. http://dx.doi.org/10.61157/978-5-4212-0676-7-2023-42-49.

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The experience of assisted employment of young adults with mental disorders who previously lived in neuropsychiatric residential facilities was analyzed based on one-year results of the project of assisted living "Bright Apartment" of Charitable Foundation " Volontery v Pomosch Detyam-sirotam". All project participants are orphans who were brought up in orphanages for children with disabilities. Employment of the residents of the assisted living apartment has been one of the most important tasks of the project. Information is provided on employment opportunities in the open labor market and on
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Kuznetsova, Olga G. "Psychosocial Rehabilitation of Persons with Mental Disorders in the Project "Harmonization of Life"." In Proceedings of III Research-to-Practice Conference with International Participation “The Value of Everyone. The Life of a Person with Mental Disorder: Support, Life Arrangements, Social Integration”. Terevinf, 2023. http://dx.doi.org/10.61157/978-5-4212-0676-7-2023-38-41.

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The creation and activities of project "Harmonization of Life", developed and carried out at the Psychiatric Clinical Hospital No. 4 n.a. Ganushkin in Moscow and aimed at creating a long-term, continuous, out-of-hospital psychological and social support for adult patients with mental disorders, focused on their social and labor rehabilitation, are described
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Reports on the topic "The labor theory of value"

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Nguyen, Aiha, and Alexandra Mateescu. Generative AI's Labor Impact. Data & Society Research Institute, 2024. https://doi.org/10.69985/gksj7804.

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As AI companies perpetuate the rhetoric that generative AI enhances efficiency and automates away drudgery - and pursue ambitions to automate everything from customer service to medical diagnoses - it is critical that claims about the technology's capabilities do not go unchallenged. This primer integrates workers' current and material experiences into public discourse and questions promotional language about the magical, infallible, and seemingly inscrutable qualities of AI. It underscores that AI does not exist outside of industries' current economic conditions and their attendant inequaliti
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Lora, Eduardo, and Johanna Fajardo. Employment and Taxes in Latin America: An Empirical Study of the Effects of Payroll, Corporate Income and Value-Added Taxes on Labor Outcomes. Inter-American Development Bank, 2012. http://dx.doi.org/10.18235/0011414.

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This paper empirically explores the effects of payroll taxes, value-added taxes and corporate income taxes on a variety of labor market outcomes such as employment, unemployment, informality, and wages. Using national-level data on labor variables for 15 Latin American countries, the results indicate that the effects of each tax are distinctly different and may depend on several aspects of labor and tax institutions. Payroll taxes reduce employment and increase labor costs when their benefits are not valued by workers, but otherwise increase labor participation and do not raise labor costs. Va
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Mau, Søren. Marx's Republican Communism: A Review of Bruno Leipold's Citizen Marx. Spectre, 2025. https://doi.org/10.63478/9xo9fqhv.

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Kaymak, Barış, and Immo Schott. Corporate tax cuts and the decline of the manufacturing labor share. Federal Reserve Bank of Cleveland, 2022. http://dx.doi.org/10.26509/frbc-wp-202239.

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We document a strong empirical connection between corporate taxation and the manufacturing labor share, both in the US and across OECD countries. Our estimates associate 30 percent to 60 percent of the observed decline in labor shares with the fall in corporate taxation. Using an equilibrium model of an industry where firms differ in their capital intensities, we show that lower corporate tax rates reduce the labor share by raising the market share of capital-intensive firms. The tax elasticity of the labor share depends on the joint distribution of labor intensities and value added at the mic
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Fernandez-Stark, Karina, Penny Bamber, and Vivian Couto. Analysis of the Textile and Clothing Industry Global Value Chains. Inter-American Development Bank, 2022. http://dx.doi.org/10.18235/0004638.

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The textile and apparel industry is a highly globalized, multi-trillion-dollar sector. Today, production networks are dominated by low-cost Asian countries with very large labor-pools, which has made it increasingly difficult for other producers around the world to compete, including those in Latin America and the Caribbean (LAC). While the region has participated in the industry, there are currently no LAC countries amongst the leading ten exporters. The COVID-19 pandemic, together with rising geopolitical tensions between the US and China, however, has disrupted this well-established busines
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Blyde, Juan S., Matías Busso, Kyunglin Park, and Dario Romero. Research Insights: How Did Mexican Local Labor Markets Respond to the Rising Import Competition in Their Domestic Markets? Inter-American Development Bank, 2023. http://dx.doi.org/10.18235/0004800.

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Due to an increase in import competition from the early 2000s, Mexico experienced a loss in manufacturing employment of 1.8 percentage points accompanied by a decrease in wages in the short run. These negative effects persisted but its size decreased in absolute value. Twenty after the shock, the negative effects have disappeared. This fade out on the aggregate effects on employment happened through several adjustments in the labor market. Wage employees were substituted by contract workers, and formal workers substituted by informal workers.
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Sagewan-Alli, Indera, Agustina Calatayud, and Shellyanne Wilson. The Ecotourism Industry in the Caribbean: A Value Chain Analysis. Inter-American Development Bank, 2014. http://dx.doi.org/10.18235/0009219.

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CARIFORUM countries have identified a number of priority industries and niche sectors that span manufacturing, agriculture, tourism, and other service sectors, which are viewed as having strong potential to contribute to economic growth and development. However, these sectors face a number of challenges to realize their potential, including limited markets, low labor productivity and inadequate skills for market demand, high energy and transportation costs, and high levels of debt. In order to overcome challenges to private sector growth, best practice suggests that analyzing the environment f
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Fernandez-Stark, Karina, Penny Bamber, and Vivian Couto. Analysis of the Textile and Clothing Industry Global Value Chains: Summary. Inter-American Development Bank, 2022. http://dx.doi.org/10.18235/0004663.

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The textile and apparel industry is a highly globalized, multi-trillion-dollar sector. Today, production networks are dominated by low-cost Asian countries with very large labor-pools, which has made it increasingly difficult for other producers around the world to compete, including those in Latin America and the Caribbean (LAC). While the region has participated in the industry, there are currently no LAC countries amongst the leading ten exporters. The COVID-19 pandemic, together with rising geopolitical tensions between the US and China, however, has disrupted this well-established busines
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Hernandez Martinez, Victor. Capital-Skill Complementarity in Manufacturing: Lessons from the US Shale Boom. Federal Reserve Bank of Cleveland, 2024. http://dx.doi.org/10.26509/frbc-wp-202412.

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This paper tests the existence of capital-skill complementarity in the manufacturing sector using quasi-experimental increases in the relative price of low-skill labor induced by the US shale boom. I find that in response to the shale boom, local manufacturing firms decreased their relative usage of low-skill labor while increasing their capital expenditures. These endogenous changes in the input mix allowed manufacturers to maintain the value added despite the increase in the price of low-skill labor, avoiding the potential short-term crowding-out effects of the natural resource boom. Combine
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Mateo-Berganza Díaz, María Mercedes, JungKyu Rhys Lim, Isabel Cardenas-Navia, and Karen Elzey. A World of Transformation: Moving from Degrees to Skills-Based Alternative Credentials. Inter-American Development Bank, 2022. http://dx.doi.org/10.18235/0004299.

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Postsecondary education is undergoing a period of profound change. One of the most significant changes is the emergence of skills-based, non-degree, alternative credentials as both complements and alternatives to traditional degrees. Several factors have combined to favor these shorter, less expensive, and more versatile ways to gain knowledge and skills for work. The factors include the rigidity and high cost of traditional degrees; the fact that traditional institutions are failing to equip many graduates with the skills they need; and the need to rapidly upskill and reskill workers to meet
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