The use of formal education in Denmark 1980-1992



24

Trade and wages

The factor remuneration inequality (16) is in table 5 illustrated with numerical examples.

Table 5: Numerical samples of factor content of exports and possible differences in cross

country wages.

Factor
content in
Denmarks
export
(calculated)

Factor remunerations

(assumed)

Product

Denmark
wd

World

wg

Difference
wg-wd

CASE 1: Full factor price equalisation

A________

B

B*A

Capital_________________________________

Unknown

______10

_______10

________0

_________0

No formal education__________________

_______266

______80

______80

_________0

_________0

Vocational____________________________

_______210

100

100

________0

_________0

Further_______________________________

________60

120

120

________0

_________0

SUM______________________

_______536

_________0

CASE 2: Compressed Danish wage
structure________________________________

A

wd

wg

B

B*A

Capital_________________________________

Unknown

______10

______10

________0

_________0

No formal education__________________

_______266

______90

______80

-10

-2660

Vocational____________________________

_______210

100

100

________0

_________0

Further_______________________________

________60

110

100

_______10

600

SUM______________________

_______536

-2060

CASE 3: De-compressed Danish wage
structure________________________________

wg

wg

wg-wd

Capital_________________________________

Unknown

10

10

0

_________0

No formal education__________________

_______266

______70

______80

_______10

2660

Skilled, technical_________________________

_______210

100

100

_________0

_________0

Skilled, other_____________________________

________60

130

120

-10

-600

SUM______________________

_______536

2060

Factor content in Denmarks export Pd Xjdg are calculated on the basis of Danish input-
output-tables and labour force statistics. The result for three types of education in 1992 are
seen in this first column of table 5: 266.000 persons with no formal education, above 60 years
or still students, 210.000 with vocational education, and 60.000 with further education, cf. also



More intriguing information

1. The name is absent
2. THE DIGITAL DIVIDE: COMPUTER USE, BASIC SKILLS AND EMPLOYMENT
3. A parametric approach to the estimation of cointegration vectors in panel data
4. THE MEXICAN HOG INDUSTRY: MOVING BEYOND 2003
5. The name is absent
6. Computing optimal sampling designs for two-stage studies
7. The name is absent
8. ‘Goodwill is not enough’
9. The Folklore of Sorting Algorithms
10. El impacto espacial de las economías de aglomeración y su efecto sobre la estructura urbana.El caso de la industria en Barcelona, 1986-1996
11. Cross border cooperation –promoter of tourism development
12. Knowledge and Learning in Complex Urban Renewal Projects; Towards a Process Design
13. The name is absent
14. Behaviour-based Knowledge Systems: An Epigenetic Path from Behaviour to Knowledge
15. The name is absent
16. The name is absent
17. GROWTH, UNEMPLOYMENT AND THE WAGE SETTING PROCESS.
18. Can a Robot Hear Music? Can a Robot Dance? Can a Robot Tell What it Knows or Intends to Do? Can it Feel Pride or Shame in Company?
19. The name is absent
20. The name is absent