Scientific
and Engineering Workers: Education Supplies, Occupational Demands
A shorter version appears in Engineering
Management Conference, 2002 (IEMC '02), vol. 2, pp:
544-549: http://ieeexplore.ieee.org/xpls/abs_all.jsp?arnumber=1038493&tag=1
James Stodder, Lally School
of Management and Technology
Rensselaer Polytechnic Institute at
275 Windsor Street, Hartford, CT 06120-2991, USA, stoddj@rpi.edu
Abstract: Recent studies by the National Science
Foundation document the shortage of qualified scientific and engineering
workers in the US. Because the demand
for such workers is relatively insensitive to salaries, there is an emerging
consensus that, rather than further subsidizing demand (and salaries), the
I.
Introduction
Many economic commentators have expressed concern over
shortages of qualified scientific and engineering (S&E) workers. This has been the subject of national studies
by the National Science Foundation [14] and on state levels as well, for
example in the Connecticut Employment and Training Commission [3]. The fact of
these skill shortages is not difficult to document, but the best policy
response is a question of real controversy.
A widely-discussed essay by Paul Romer
[15], a leading figure in the economics of technological change, argues that
the supply response of American higher education is not only inadequate, but
"perverse" -- in the sense of withholding supply just as demand is
rising. His thesis is that university politics have constrained Science and
Engineering departments from adequately expanding their student enrollments,
pushing them to instead over-invest in 'quality' and scholarly research.
The present
paper will not address that controversial thesis. Two points of Romer's
article that will be discussed, however, are his claims that:
·
The educational supply of US-born scientific and engineering
workers is highly inelastic (insensitive)
to salary, substantially less elastic than industry demand.
·
Because of this supply inelasticity, efforts to recruit more
scientific and engineering talent by building up demand are destined to yield
much higher salaries, but little in the way of higher supplies. Government and private industry should look
more to directly stimulating supply. (See also Mincer [12].)
While not questioning Romer's conclusions on a nationwide labor-market basis, I
find that these conclusions do not apply on the state or regional level within
the US, and do not hold for particular sectors of scientific and engineering
workers.
The present
study finds that in the Sciences, Bachelor's and Post-Graduate degrees show
more supply than demand response from R&D expenditures. In the broad Engineering and Electrical
Engineering specialties, by contrast, the salary elasticity for Associate
degree supply is much greater than that for industrial demand. Thus, the supply of S&E workers is more
market sensitive than demand at these degree levels and for these incentives. Increased market demand, if it can be closely
targeted to these degree levels and rewards, is likely to meet with an
encouraging supply response.
High supply
elasticities suggest that subsidies for salaries or R&D, if explicitly tied
to early in-state career choices, could be highly productive. Such subsidies are a demand side "quick
fix" -- calling forth greater supply, not through deep overhauls of
academic structures, but by targeted market subsidies. There are other implications of this study
that argue in the same direction -- for directing demand more on the more basic
end of professional qualifications, to Associate degrees and short-term
certificates:
·
Many studies, for example the Battelle report [3], stress the
need to expand business input into the education process, to craft educational
outcomes more for industry uses. Such
inputs are best concentrated on the earlier degree end of the higher
educational process, where industry links are already strong and where outcomes
are more rapidly achieved.
·
Comparisons or benchmarking of leading research states, such
as
·
Some richer states lag far behind in the provision of
Associate degrees.
·
This study finds that the gaps between unskilled (high-school
diploma only) wages and the wages in these professional degree areas correlate
strongly with the overall inequality of incomes. An expansion in Associate and certificate
programs -- as opposed to more resources for the highest degrees -- would tend
to moderate these wage gaps. The
existence of a large wage gap also suggests that state resources are there to
expand the more basic degrees.
The findings
of this study show that something can be done about expanding educational
supply in the short term, before tackling reform of the deeply embedded and
complex structures of academia (tenure, research focus, etc.) Rather than contradicting Romer's
thesis, the present study can be seen as a partial qualification, but also a
confirmation of his basic argument. It
is a qualification inasmuch as it shows that the market insensitivity of the
These supply
elasticities have clear policy implications. Wage and research-expenditure elasticities for
the supplies of S&E workers at the appropriate levels -- Post-graduate for
the Sciences, and Associate for Engineering -- are found to be several times
higher than the demand elasticities.
This implies that industry demands targeted to these degree levels, perhaps
with provisions for continuing education, will meet with a robust supply
response.
II. Four Educational/Occupational
Clusters
Many different
sorts of academic training are used for many sorts of jobs. How do we decide what these are, and thereby
measure educational supply and occupational demand? Unlike the UK and many other West European
countries [7], the US has no nationwide database of occupations sorted by
comparable levels of skill -- the US sorting of Occupational Employment
Statistics (OES) is merely by
industrial area [5]. The lack of such a skills-based occupational listing is
more than just an academic concern.
Numerous empirical studies in the
To minimize this loss, and to help students plan their
path from school to work, the state of Connecticut's Department of Labor has
spent many years constructing its own grouping of Occupational Cluster [6]
relating educational supplies and occupational demands. Lacking any comparable
nationwide mapping, I will use these cluster definitions, and assume that these
clusters are similar in every state. Supporting this assumption, I can show
that the basic patterns of supply and demand within the
The first grouping is the
Sciences Cluster, containing the following occupational descriptions:
Table 1. Sciences
Cluster
Biological
Scientists |
Chemists, Except
Biochemists |
Geologists,
Geophysicists, and Oceanographers |
Physicists and
Astronomers |
In Table 2., Engineering is a Macro-Cluster,
or "cluster of clusters," with the following sub-clusters. One of its
component clusters, Electrical Engineering, will be expanded below in Table 3.:
Table 2. Engineering
Macro-Cluster
Sub-Cluster Titles |
Electrical
Engineering/Technology |
Mechanical
Engineering/Technology |
Industrial
Engineering/Technology |
Civil
Engineering/Technology |
Architecture |
Metallurgical
Engineering/Technology |
Chemical
Engineering/Technology |
Other
Engineering Specialties |
Table 3. Electrical
Engineering/Technology Cluster
Computer
Engineers |
Electrical and
Electronic Engineering Technicians and Technologists |
Electrical and
Electronic Engineers |
Engineering,
Mathematical, and Natural Sciences Managers |
A full description of these clusters and their
occupational and educational components is provided in
the Appendix, using national
and state data. Constructing these
clusters from the various data sets is a fairly tedious process. Nonetheless, if it shows the practicality of
constructing a consistent national data set of educational supplies and
occupational demands, it will constitute the main value of this paper.
III. Estimates of Supply and Demand
In the salary data from the OES [5] and ALMIS [1] data
bases, there are only averages within each occupational specialty, rather than
salaries at hiring. Such offer prices
would be the obvious focus for an analysis of supply and demand. Instead, I use average salaries, weighted by the demand for new workers
in particular occupations within each cluster.
These "hiring-weighted averages" were in all cases slightly
below these overall averages -- as one would hope for entry level positions.
A. Supply
and Demand for Employees in the Sciences
Demand estimates for the Sciences are given in Table 4.
The dependent variable is the proportion of new openings among scientific
occupations in 1996-97. Demand and
supply did show sensitivity to a variable that may be influenced by policy --
R&D spending as a portion of Gross State Product (GSP). In what follows, I
will compare "elasticities" (sensitivities) of these R&D terms on
the demand and supply sides.
Table 4: Scientists Demanded (All Degree Levels) Across
US States, 1996-97
Dependent Variable:
(DEMAND) |
Job Openings in
Sciences as Portion of Total Scientific Employment |
|
EQUATION (#) |
(1) |
(2) |
R-squared |
0.2588 |
0.2457 |
Adjusted R-squared |
0.1705 |
0.2122 |
F-statistic |
2.9328 |
7.3293 |
|
|
|
Variables |
Coefficient Estimates t-statistics |
|
Constant |
0.032251 |
0.024423 |
|
1.677 |
5.781 |
|
|
|
State Personal Income |
1.21E-08 |
|
|
0.022 |
|
|
|
|
Average Salary Science |
-2.48E-07 |
|
|
-0.635 |
|
|
|
|
Science as Portion of |
1.07164 |
|
|
0.791 |
|
|
|
|
R&D/GSP |
0.200316 |
0.193474 |
|
1.491 |
1.823 |
|
|
|
Growth of GSP |
0.313144 |
0.283168 |
|
2.986 |
3.015 |
Note: (Applies to all subsequent tables.): T-stats. in italics. T-stat. is above a critical level when underlined as dashed, single, or double, for a 15%, 10%, or 5% level of statistical significance, respectively. There are 48 State Observations, plus DC. All data are from 1996-1997.
In Tables 5 and 6 below, I give the supply-side
estimates for Bachelors' and Post-Graduate degrees in the Sciences, as a
portion of the total workforce. (The results of the regressions on the supply
of Associate Degrees were not highly significant, and are not reproduced here.)
Although the R-squared is low, the R&D/GSP
term is highly significant.
Note that any
problem separately estimating the supply and demand equations -- the well known
"identification problem" of econometric analysis -- does not arise in
our case. The large gaps between state
supplies and demands are in this sense fortuitous. The proportion of students supplied and
employees demanded are not only quite different, they are even given different
denominators in our estimates -- that of the total State Employment and total
cluster employment, respectively.
Table 5. Scientists Supplied (Bachelor's) Across US States,
1996-97
Dependent
Variable: (SUPPLY) |
Bachelor's Degrees in Sciences, as
Portion of |
||
|
|
|
|
EQUATION (#) |
(1) |
(2) |
(3) |
R-squared |
0.1218 |
0.0971 |
0.0736 |
Adjusted R-squared |
0.0173 |
0.0355 |
0.0324 |
F-statistic |
1.1653 |
1.5772 |
1.7873 |
|
|
|
|
Variables |
Coefficient Estimates t-statistics |
||
Constant |
9.31E-04 |
6.31E-04 |
5.69E-04 |
|
3.200 |
8.521 |
12.165 |
|
|
|
|
State Personal Income |
-4.02E-09 |
|
|
|
-0.479 |
|
|
|
|
|
|
Average Salary Science |
-5.53E-09 |
|
|
|
-0.935 |
|
|
|
|
|
|
Science
Employment as |
-0.017812 |
-0.028922 |
-0.025419 |
|
-0.869 |
-1.644 |
-1.468 |
|
|
|
|
R&D/GSP |
4.30E-03 |
3.25E-03 |
2.82805E-03 |
|
2.114 |
1.838 |
1.638 |
|
|
|
|
Growth of GSP |
-1.30E-03 |
-1.57E-03 |
|
|
-0.816 |
-1.070 |
|
Table 6: Scientists
Supplied (Post-Graduate) Across US States, 1996-97
Dependent Variable:
(SUPPLY) |
Post Graduate Degrees in Natural Sciences as
Portion of |
||
EQUATION (#) |
(1) |
(2) |
(3) |
R-squared |
0.178541 |
0.1710 |
0.172709 |
Adjusted R-squared |
0.080749 |
0.1341 |
0.116303 |
F-statistic |
1.82571 |
4.6405 |
3.06188 |
|
|
|
|
Variables |
Coefficient Estimates t-statistics |
||
Constant |
5.30E-05 |
6.091E-05 |
4.75E-05 |
|
0.939 |
6.853 |
1.055 |
|
|
|
|
State Personal Income |
-3.22E-10 |
|
|
|
-0.198 |
|
|
|
|
|
|
Average Salary Science |
5.13E-10 |
|
3.26E-10 |
|
0.446 |
|
0.303 |
|
|
|
|
Science Employment as |
1.98E-03 |
2.881E-03 |
2.41E-03 |
|
0.498 |
0.876 |
0.660 |
|
|
|
|
R&D/GSP |
7.75E-04 |
7.91E-04 |
7.40E-04 |
|
1.963 |
2.411 |
1.988 |
|
|
|
|
Growth of GSP |
-1.66E-04 |
|
|
|
-0.539 |
|
|
Table 6 uses the regressions in Tables 4-5 to
calculate demand and supply elasticities for R&D. The coefficient estimates taken from these
tables are from those regressions with highest adjusted R-squareds. All coefficients are significant at the 10
percent level or better. (Elasticities
in this paper will be estimated at the minimum, median, mean, and maximum state
figures, unless otherwise noted.)
In Table 7
below, elasticity terms are all far less than 1.0, indicating that a 1 percent
increase in the portion of GSP devoted to R&D would lead to much less than
1 percent increase in the demand or supply for science workers.
Table 7: Scientists: Supply & Demand
Elasticity with respect to Proportion of GSP used as R&D
-- States with Minimum, Median, Mean, and
Maximum Values for this Proportion
|
|
Minimum (S. Dakota) |
Median
( |
Mean ( |
Maximum ( |
Dependent
Variable: |
New Openings as % Total Science Employment in
State |
4.000% |
6.047% |
3.333% |
6.885% |
Independent
Variable: |
R&D/GSP |
0.350% |
1.590% |
1.969% |
6.690% |
|
(a)
Coefficient on Independent Variable |
0.1935 |
0.1935 |
0.1935 |
0.1935 |
|
(b)
Independent/Dependent Variable |
0.0875 |
0.2629 |
0.5907 |
0.9717 |
|
(a) x
(b) = DEMAND ELASTICITY of R&D: |
0.0169 |
0.0509 |
0.1143 |
0.1880 |
|
|
|
|
|
|
Dependent
Variable: |
Science Bachelor's
Degrees as % |
0.0740% |
0.0541% |
0.0744% |
0.0482% |
Independent
Variable: |
R&D/GSP |
0.350% |
1.59% |
1.969% |
6.690% |
|
(a)
Coefficient on Independent Variable |
3.25E-03 |
3.25E-03 |
3.25E-03 |
3.25E-03 |
|
(b)
Independent/Dependent Variable |
4.730 |
29.385 |
26.478 |
138.851 |
|
(a) x
(b) = SUPPLY ELASTICITY of R&D: |
0.0154 |
0.0955 |
0.0861 |
0.4513 |
|
|
|
|
|
|
Dependent
Variable: |
Science Post-Grad
Degrees as % |
0.0129% |
0.0067% |
0.0084% |
0.0149% |
Independent
Variable: |
R&D/GSP |
0.350% |
1.59% |
1.969% |
6.690% |
|
(a)
Coefficient on Independent Variable |
7.91E-04
|
7.91E-04
|
7.91E-04
|
7.91E-04
|
|
(b)
Independent/Dependent Variable |
27.20 |
237.29 |
234.64 |
449.76 |
|
(a) x
(b) = SUPPLY ELASTICITY of R&D: |
0.0215 |
0.1875 |
0.1854 |
0.3553 |
These
estimated elasticities indicate that a 100 per cent increase of R&D
expenditures in median expenditure
There is one
pattern of Table 7 that we will see repeated in all of our estimates to come,
however -- supply
sensitivity always trumps demand. This
dominance of supply elasticity runs counter to national surveys of the market
for scientific and engineering workers [14], [15]. Despite the appearance of a contradiction, however,
there is no logical inconsistency between these two sets of findings. Because states can recruit potential science
students from other states, it is reasonable to expect that the supply of
science students for an individual state might well be more R&D-elastic
than the supply of the nation as a whole.
Indeed, there could be zero supply elasticity for the nation as a whole,
but high elasticities for individual states.
A.
Supply and Demand for
Engineering
Table 8. Engineers Demanded (All Degree Levels) Across US
States, 1996-97
Dependent Variable:
DEMAND |
Job Openings in Engineering as Portion of Total Engineering Employment |
|||
EQUATION (#) |
(1) |
(2) |
(3) |
(4) |
R-squared |
0.5210 |
0.5101 |
0.4832 |
0.4768 |
Adjusted R-squared |
0.4640 |
0.4645 |
0.4480 |
0.4411 |
F-statistic |
9.1370 |
11.1923 |
13.7143 |
13.3662 |
Variables |
Coefficient Estimates t-statistics |
|||
Constant |
0.043815 |
0.044364 |
0.046427 |
0.020584 |
|
2.633 |
2.669 |
2.760 |
2.217 |
|
|
|
|
|
State Personal Income |
7.12E-07 |
6.73E-07 |
|
3.45E-07 |
|
1.617 |
1.535 |
|
0.856 |
|
|
|
|
|
Average Salary
Engineering |
-7.25E-07 |
-6.93E-07 |
-4.20E-07 |
|
|
-1.782 |
-1.709 |
-1.135 |
|
|
|
|
|
|
Engineering Employment as of |
0.883958 |
0.677213 |
0.729484 |
0.433221 |
|
2.676 |
2.666 |
2.855 |
2.019 |
|
|
|
|
|
R&D/GSP |
-0.113651 |
|
|
|
|
-0.979 |
|
|
|
|
|
|
|
|
Growth of GSP |
0.330154 |
0.332133 |
0.306848 |
0.346742 |
|
4.540 |
4.571 |
4.271 |
4.704 |
In the
remainder of this paper, we give Supply estimates only for the lower-level (and
more elastic) degrees. In Table 8 above, demand estimates for Engineering show
a significantly negative coefficient on average salary. The coefficient on Personal Income is
positive and somewhat significant, implying that wealthier states demand more
engineering services. The significant
coefficient on salary will allow us to compare its supply and demand
elasticities. R&D spending across
states does not appear a significant determinant of demand for engineers, as it
was in the demand for scientists. This
finding also holds true for the supply estimates below.
In Table 9
below, the estimates for Bachelor's degrees in Engineering give Salary a significantly
negative coefficient. This supports Romer's [15] claim that the academic supply of engineers is
"perverse" -- granting fewer degrees as more are demanded. None of the other terms is significant.
Table 9. Engineers Supplied (Bachelor's Degrees) across US
States, 1996-97
Dependent
Variable: SUPPLY |
Bachelor's Degrees in Engineering, as Portion of |
||
|
|
|
|
EQUATION (#) |
(1) |
(2) |
(3) |
R-squared |
0.1569 |
0.0971 |
0.0965 |
Adjusted R-squared |
0.0565 |
0.0355 |
0.0564 |
F-statistic |
1.5632 |
1.5773 |
2.4030 |
|
|
|
|
Variables |
Coefficient Estimates t-statistics |
||
Constant |
0.02464 |
0.022401 |
0.022402 |
|
4.181 |
4.034 |
4.078 |
|
|
|
|
State
Personal Income |
-7.82E-08 |
-2.53E-08 |
|
|
-0.501 |
-0.165 |
|
|
|
|
|
Average
Salary |
-2.58E-07 |
-2.60E-07 |
-2.71E-07 |
|
-1.789 |
-1.799 |
-2.166 |
|
|
|
|
Engineering
Employment as |
0.064637 |
0.143679 |
0.142897 |
|
0.552 |
1.698 |
1.710 |
|
|
|
|
R&D/GSP |
0.060139 |
|
|
|
1.463 |
|
|
|
|
|
|
Growth
of GSP |
-0.02254 |
|
|
|
-0.875 |
|
|
In the next Table 10, the
supply estimates for Associate's degrees in Engineering show personal income
and hiring-weighted salary as the only significant terms. And unlike the previous table for Bachelors'
degrees, salary here has the expected positive sign. But it is interesting that the supply of
associate degrees is negatively related to the state's personal income. Supplying engineers is apparently not
something most wealthier states are inclined to do, at
least at the Associate level.
Table
10. Engineers
Supplied (Associate Degrees) across US States, 1996-97
Dependent Variable:
SUPPLY |
Associate Degrees in Engineering as Portion of |
||
EQUATION ( #) |
(1) |
(2) |
(3) |
R-squared |
0.1670 |
0.1473 |
0.1415 |
Adjusted R-squared |
0.0679 |
0.0892 |
0.1033 |
F-statistic |
1.6842 |
2.5340 |
3.7078 |
|
|
|
|
Variables |
Coefficient Estimates t-statistics |
||
Constant |
9.06E-03 |
5.43E-03 |
2.63E-03 |
|
0.838 |
0.545 |
0.310 |
|
|
|
|
State Personal Income |
-7.66E-07 |
-7.11E-07 |
-7.03E-07 |
|
-2.676 |
-2.591 |
-2.585 |
|
|
|
|
Average Salary |
3.68E-07 |
4.03E-07 |
4.83E-07 |
|
1.390 |
1.559 |
2.275 |
|
|
|
|
Engineering Employment as |
0.179309 |
0.083327 |
|
|
0.835 |
0.549 |
|
|
|
|
|
R&D/GSP |
-0.020757 |
|
|
|
-0.275 |
|
|
|
|
|
|
Growth of GSP |
-0.045596 |
|
|
|
-0.965 |
|
|
Using the coefficients on salary from Tables 8 and 10
with highest t-stats gives the values in Table 11. A 10 percent increase in
Table 11: Engineers: Supply & Demand
Elasticities with respect to Average Hiring Salary
-- States with Minimum, Median ≈ Mean,
and Maximum Salary, 1996-97.
|
|
Minimum ( |
Median
≈ Mean ( |
Maximum ( |
Dependent
Variable: |
New Openings as % Total Engineering Employment in State |
4.099% |
6.416% |
3.995% |
Independent
Variable: |
Hiring-Weighted Average Engineering Salary |
$
40,499 |
$
50,849 |
$
59,849 |
|
(a)
Coefficient on Independent Variable |
-7.25E-07 |
-7.25E-07 |
-7.25E-07 |
|
(b)
Independent/Dependent Variable |
988,074 |
792,569 |
1,498,204 |
|
(a) x
(b) = DEMAND ELASTICITY: |
-0.716 |
-0.575 |
-1.086 |
|
|
|
|
|
Dependent
Variable: |
Engineering Associate Degrees as % |
0.509% |
1.083% |
0.964% |
Independent
Variable: |
Hiring-Weighted Average Engineering Salary |
$
40,499 |
$
50,849 |
$
59,849 |
|
(a)
Coefficient on Independent Variable |
4.83E-07 |
4.83E-07 |
4.83E-07 |
|
(b)
Independent/Dependent Variable |
7,951,176 |
4,695,632 |
6,206,406 |
|
(a) x
(b) = SUPPLY ELASTICITY: |
3.840 |
2.268 |
2.998 |
B. Supply
and Demand for Electrical Engineering Workers
In the following
estimate of Table 12, Electrical Engineering Demand is sensitive to
salary. State Personal Income is
weighted positively for demand. All
other coefficients have the expected sign, except for R&D. This was not significant, and so was dropped
as likely collinear with Employment.
Table 12: Electrical
Engineers Demanded (All Degrees) across US States, 1996-97
Dependent Variable:
DEMAND |
Job Openings in Electrical Engineering as Portion
of Total EE Employment |
||
EQUATION (#) |
(1) |
(2) |
(3) |
R-squared |
0.4944 |
0.4436 |
0.325 |
Adjusted R-squared |
0.4343 |
0.4056 |
0.295 |
F-statistic |
8.2154 |
11.6918 |
10.819 |
Variables |
Coefficient Estimates
t-statistics |
||
Constant |
0.047581 |
0.052971 |
0.071972 |
|
2.565 |
2.911 |
3.861 |
|
|
|
|
State Personal Income |
7.83E-07 |
|
|
|
1.426 |
|
|
|
|
|
|
Average Salary EE |
-8.34E-07 |
-5.64E-07 |
-8.11E-07 |
|
-2.027 |
-1.451 |
-1.956 |
|
|
|
|
EE Employment as Proportion of |
1.73988 |
1.32317 |
1.77094 |
|
3.161 |
3.454 |
4.590 |
|
|
|
|
R&D/GSP |
-0.230401 |
|
|
|
-1.523 |
|
|
|
|
|
|
Growth of GSP |
0.303377 |
0.283524 |
|
|
3.163 |
3.066 |
|
In the following regression on the supply of Associate
Degrees, in Table 13, we again see supply negatively correlated with state
income, and positively related to hiring weighted salary. As before, the Associate level shows more
salary sensitivity than higher level degrees (regressions not shown).
Table
13. Electrical
Engineers Supplied (Associate Degrees) across US States, 1996-97
Dependent Variable: SUPPLY |
Associate Degrees in Electrical Engineering as |
||
EQUATION (#) |
(1) |
(2) |
(3) |
R-squared |
0.20868 |
0.19398 |
0.173 |
Adjusted R-squared |
0.11447 |
0.13902 |
0.116 |
F-statistic |
2.21512 |
3.52968 |
3.064 |
Variables |
Coefficient Estimates t-statistics |
||
Constant |
2.89E-04 |
2.07E-04 |
1.35E-04 |
|
1.236 |
0.979 |
0.666 |
|
|
|
|
State Personal Income |
-2.15E-08 |
|
-1.91E-08 |
|
-3.113 |
|
-2.909 |
|
|
|
|
Average Salary EE |
7.12E-09 |
7.52E-09 |
9.38E-09 |
|
1.372 |
1.479 |
1.935 |
EE Employment as Portion of |
9.26E-03 |
6.17E-03 |
|
|
1.335 |
1.405 |
|
|
|
|
|
R&D/GSP |
-4.87E-04 |
-1.98E-08 |
1.18E-03 |
|
-0.255 |
-3.051 |
0.892 |
|
|
|
|
Growth of GSP |
-1.06E-03 |
|
|
|
-0.873 |
|
|
In Table 14,
supply is about twice as elastic as demand.
A 10 percent increase in salary for mean-salary Maine (from $49,263 to
$54,189) would cause an 8.07 percent fall
in job openings (from 799 to 716) annually, but a 16.66 percent rise in Associate degrees supplied (from
121 to 141). These findings on
elasticity have clear policy implications: pushing inelastic demand along the
more elastic supply curve would make it possible get more added output per
extra dollar spent.
Table 14. Electrical Engineering, Elasticities with respect
to Average Hiring Salary
-- States with Minimum, Median, Mean, and
Maximum Salary, 1996-97.
|
|
Minimum ( |
Mean ( |
Median ( |
Maximum ( |
Dependent
Variable: |
New Openings as % Electrical Engineering
Employment in State |
4.138% |
5.091% |
6.026% |
7.682% |
Independent
Variable: |
Hiring-Weighted Average Electrical Engineering Salary |
$38,669 |
$49,263 |
$49,599 |
$58,970 |
|
(a) Coefficient on Independent Variable |
-8.34E-07 |
-8.34E-07 |
-8.34E-07 |
-8.34E-07 |
|
(b) Independent/Dependent
Variable |
934,504 |
967,667 |
823,059 |
767,629 |
|
(a) x
(b) = DEMAND ELASTICITY: |
-0.779 |
-0.807 |
-0.686 |
-0.640 |
|
|
|
|
|
|
Dependent
Variable: |
Elect-Engineer Associate Degrees as % |
1.86E-05 |
2.22E-04 |
2.68E-04 |
3.60E-04 |
Independent
Variable: |
Hiring-Weighted Average Electrical Engineering Salary |
$38,669 |
$ 49,263
|
$49,599 |
$58,970 |
|
(a) Coefficient on Independent Variable |
7.52E-09 |
7.52E-09 |
7.52E-09 |
7.52E-09 |
|
(b) Independent/Dependent
Variable |
2,082,090,992 |
221,541,164 |
184,801,732 |
163,835,348 |
|
(a) x
(b) = SUPPLY ELASTICITY: |
15.657 |
1.666 |
1.390 |
1.232 |
III. Within-State Income
Inequalities
There is no question that the demand for Engineering
and Science workers is increasing in the advanced industrial countries [14]. This growing disparity of supply and demand
has implications for disparities in income.
Thus most economists explain the large increase in
Fig. 1 tracks the correlation between two inequality
ratios on a state by state basis. The
first is the ratio of mean household income to its median -- that household at
the 50th percentile of the distribution. The second is the ratio between the
salary of science professionals, and the salary of the average high-school graduate
with no further education [4]. The
Pearson correlation coefficient between these two series is 0.59, with a significance
level of 0.1 percent. (Similar correlations between inequality rations can be shown
for engineering as a whole, and for electrical engineering, where the
significance level is always at most 5 percent.)
Correlations do not show the direction of causality,
of course. There is, however, evidence that the distribution of skill
influences the distribution of salaries.
Comparing
IV. Conclusions, Implications
The evidence shows that for some scientific and engineering
labor markets, educational supply may be more salary-elastic than industry
demand. In such cases, subsidizing
demand rather than supply will provide more employees at reasonable cost in the
shortest possible time.
Directly subsidizing supply yields a longer term
increase the stock of human capital and reduction in skill differentials, with
lags of up to a decade [12]. If short-term supply elasticity is low, there is
evidence that investment in public education has a high long-term social return,
and lessens income inequalities and skill premia [2],
[9], [16].
The principal accomplishment of this paper may not be its
economics, which is elementary, but rather its accounting -- which is tedious
but necessary. That the US, unlike
several European countries, has no cluster-integrated nation-wide database of
occupations [7] is a problem and an opportunity. The "cluster" analysis presented
here makes the case that there are substantial gains to constructing and
analyzing such a data set. This paper
has only scratched the potential of this large database -- only for three
educational/occupational clusters, and only for one year. There are dozens of clusters yet to be
defined, complied, and analyzed.
Fig. 1: Salary
Ratios -- Science Bachelor's over High School Graduates, Mean over Median, by State 1996-97
Sources (all figures): OES database; Census tapes (DDB: PPINC*DDB(0), MDB: PPINC*DDB)
Figure 2: Salary
Ratios: Engineer's Bachelor's
Pearson Correlation Coefficient: 0.461
(p = 0.001) Spearman's Rank Correlation: 0.419 (p = 0.003)
Figure 3: Salary
Ratios: Elect. Engineer's
Pearson Correlation Coefficient: 0.311
(p = 0.031) Spearman's Rank Correlation: 0.315 (p = 0.029)
Sources: Same as previous Figure.
Acknowledgment: Support for this study
was provided by the
Appendix: Five Data Sets Integrated, Four Clusters Examined
Note: The new integrated
national data set assembled for this report is very extensive, with several
thousand records in each of the five national data sets that were used to
compile it. Data are only presented in their final extracted form here -- the
form used for this report's calculations. The complete data set has been assembled
into spreadsheet form, on CD-ROM, and is available from the author.
A.1 The Five Data Sets
Just as poor materials can
undermine the best design, it is useless to do
detailed empirical analysis with inadequate data. To understand the relation of
educational supply and occupational demands, I am comparing
1) Educational Program Completions and School
Spending;
2) Salaries of High-school Graduates;
3) Occupational Demands;
4) Wages in those Occupations; and
5) Occupational Clusters, relating 1) and 3)
To construct the data set
used for this paper, I have integrated 5 different data sets, no two of which were
designed to be strictly comparable.
Looking at 1) data on educational supply,
state-by-state comparability is excellent. The
For 2) salaries of high-school graduates on a state-by-state level,
census tapes [4] averaged for 1992-94 and 1995-97 were used, extracted via the
"ferret" program at www.census.gov.
When one comes to the
labor market data, large gaps begin to appear.
For estimates of 3) annual
occupational demands, the source is ALMIS
(American Labor Market Information System), almis.dws.state.ut.us/, [1]. This gives state employment levels for
thousands of job descriptions. However,
several large industrial states (
For 4) average occupational salaries, one must go to the Occupational Employment Statistics (OES)
[5] page of the Bureau of Labor Statistics, stats.bls.gov/oeshome.htm. These average salaries do not represent the salary at which new
labor was hired, and are thus not strictly the wage component of labor
demand. In order to approximate this
wage however; the occupational weightings used in the cluster were those of the
annual demands listed by ALMIS [1], shown in 3) above.[1] Using the actual demand weights for each
cluster -- rather than un-weighted average salaries -- proved very important in
getting reasonable results for the regression estimates.
Finally, I come to the
issue posed in 5) the appropriate clusters of Supply and Demand. Which
educational programs and job descriptions should we fit together? To answer this, I have used the Occupational Cluster definitions
developed by the Connecticut State
Department of Labor. These Clusters
are laid out a 1996 publication [6]. The
most recent data available for all four data sets is based on the 1996-97
academic and fiscal year.
A.2 Four Clusters in Science and Engineering
A.2.1 Definition of the Science Cluster
I have broken out two
"hard" sciences, the Physical
Sciences and Life Sciences
Cluster. This reflects an emphasis on
fundamental research, rather than on technical implementation. The overlap of the OES, ALMIS and
Connecticut DoL data sets allows a relatively limited
focus, on just four occupational categories.
As defined by the Connecticut State Department of Labor, the Science
Cluster is made up of the following component occupational clusters. Note that the two series are highly
correlated, at the 2 percent level of significance.
Table A.1. Occupational
Classifications of Sciences Cluster: OES [5], ALMIS [1], CT DoL [6], 1996-97
Cluster
Code |
OES
Code |
OES
Title, OES |
|
US
Demand |
|
1205 |
24308 |
Biological Scientists |
Biological scientists |
2,640 |
190 |
1206 |
24105 |
Chemists, Except Biochemists |
Chemists |
3,650 |
140 |
1206 |
24111 |
Geologists, Geophysicists, and
Oceanographers |
Geologists, geophysicists, and
oceanographers |
1,710 |
20 |
1206 |
24102 |
Physicists and Astronomers |
Physicists and astronomers |
380 |
10 |
|
|
|
ALMIS TOTAL
DEMAND |
8,380 |
360 |
|
|
|
|
500 |
|
|
|
|
Data Set |
72.0% |
|
Pearson
Correlation Coefficient, US and CT
demands: 0.944 (p-value = 0.016) |
The next order of business
is to gather the occupations listed in the Connecticut Department of Labor
(Connecticut DoL) definition of this macro-cluster
[6] with those occupations listed in the national ALMIS database [1]. Overlap is not perfect. In order to get data on wages; I have to then
compare this national set with the occupations listed in the OES database [5]. The complete listing of the intersection of
these three data sets in the Technology cluster, and their
Notice also that whenever
there is a discrepancy in the job titles -- apart from the mere capitalization
of letters or ordering of titles -- the classification titles are
underlined. The left column shows the
titles of the Bureau of Labor Statistics OES and its Occupational
Classification Code (OCC) [5]. The right
column shows those used by both ALMIS [1] and the Connecticut Department of
Labor [6]. For the most part these offer
little opportunity for confusion.
The final rows compare the
Total Demand, or number of job openings in 1996-97, as accounted both by this
merged data set, and by the Connecticut DoL set [6]. We see that about 64% of the job openings
accounted for by
Next we come to the CIP
(Classification of Instructional Programs) Codes given by the national IPEDS
(Integrated Post-secondary Data Set) [13].
Here, the codes used nationally and by
Table A.2.
Program Completions in Sciences cluster:
IPEDS [13] and
Cluster
Code |
CIP
code |
CIPTITLE |
US
Supply |
CT
Supply |
1205 |
26.0101 |
Biology,
General |
53443 |
566 |
1205 |
26.0401 |
Cell
Biology |
478 |
13 |
1205 |
26.0402 |
Molecular
Biology |
1081 |
120 |
1205 |
26.0499 |
Cell
and Molecular Biology, Other |
1633 |
42 |
1205 |
26.0501 |
Microbiology/Bacteriology |
3359 |
8 |
1205 |
26.0608 |
Neuroscience |
578 |
21 |
1205 |
26.0616 |
Biotechnology
Research |
259 |
7 |
1205 |
26.0702 |
Entomology |
389 |
|
1205 |
26.0704 |
Pathology,
Human and Animal |
166 |
12 |
1205 |
26.0705 |
Pharmacology,
Human and Animal |
426 |
7 |
1205 |
26.9999 |
Biological
Sciences/Life Sciences, Other |
2234 |
6 |
1205 |
30.0101 |
Biological
and Physical Sciences |
9186 |
|
1205 |
51.1307 |
Medical
Immunology |
44 |
10 |
1205 |
51.1308 |
Medical
Microbiology |
208 |
0 |
1206 |
40.0101 |
Physical
Sciences, General |
1491 |
22 |
1206 |
40.0601 |
Geology |
4182 |
21 |
1206 |
40.0603 |
Geophysics
and Seismology |
177 |
|
1206 |
40.0699 |
Geological
and Related Sciences, Other |
302 |
17 |
1206 |
40.0703 |
Earth
and Planetary Sciences |
829 |
19 |
1206 |
40.9999 |
Physical
Sciences, Other |
594 |
68 |
|
|
IPEDS Total
Completions |
81059 |
959 |
|
|
|
||
|
|
Data set
Coverage, IPEDS |
||
Pearson
Correlation Coefficient, US and CT
supplies: 0.991 (p-value = 0.000) |
A.2.2 Definition of Engineering Cluster
This is a broad macro-cluster, of eight component
clusters:
Table A.3. ENGINEERING
Sub-Cluster
Titles |
Cluster
Titles |
Electrical Engineering/Technology |
1101 |
Mechanical Engineering/Technology |
1102 |
Industrial Engineering/Technology |
1103 |
Civil Engineering/Technology |
1104 |
Architecture |
1105 |
Metallurgical Engineering/Technology |
1106 |
Chemical Engineering/Technology |
1107 |
Other Engineering Specialties |
1108 |
Dozens of job descriptions
are spread over these clusters. Of
these, the following jobs are covered jointly by our first three data
sets. Note at the bottom of Table A.3,
that the structure of relative occupational demand in the
Table A.4.
Occupational Classifications of Engineering Cluster:
OES
[5], ALMIS [1], CT DoL [6], 1996-97
Cluster
code |
OES
code |
OES
Title |
Almis Title |
US
Demand |
CT Demand |
1101 |
22.127 |
Computer Engineers |
Computer engineers |
25,000 |
340 |
1101 |
22.505 |
Electrical and Electronic Engineering
Technicians and Technologists |
Electrical and electronics engineers |
19,720 |
210 |
1101 |
22.126 |
Electrical and Electronic Engineers |
Electrical and electronic technicians and
technologists |
12,130 |
180 |
1101* |
13.017* |
Engineering, Mathematical, and Natural
Sciences Managers |
Engineering, science, and computer systems
managers |
6,840 |
69 |
1102 |
22.102 |
Aeronautical and Astronautical
Engineers |
Aeronautical
and astronautical engineers |
1,010 |
40 |
1102 |
22.138 |
Marine Engineers |
Marine Engineers |
320 |
10 |
1102 |
22.135 |
Mechanical Engineers |
Mechanical
engineers |
8,130 |
180 |
1102 |
22.117 |
Nuclear Engineers |
Nuclear
engineers |
430 |
10 |
1103* |
13.017* |
Engineering, Mathematical, and Natural
Sciences Managers |
Engineering, science, and computer systems managers
|
6,840 |
69 |
1103 |
22.128 |
Industrial Engineers, Except Safety |
Industrial engineers, except safety
engineers |
3,890 |
70 |
1104 |
22.121 |
Civil Engineers, Including Traffic |
Civil engineers, including traffic engineers
|
8,170 |
100 |
1104* |
13.017* |
Engineering, Mathematical, and Natural
Sciences Managers |
Engineering, science, and computer systems
managers |
4,560 |
46 |
1104 |
22.521 |
Surveying and Mapping Technicians |
Surveyors |
2,010 |
20 |
1105 |
22.302 |
Architects, Except Landscape and Marine |
Architects, except landscape and marine |
3,920 |
40 |
1105 |
22.308 |
Landscape Architects |
Landscape architects |
710 |
10 |
1106 |
22.105 |
Metallurgists and Metallurgical, Ceramic,
and Materials Engineers |
Metallurgists and metallurgical, ceramic,
and materials engineers |
610 |
20 |
1107 |
22.114 |
Chemical Engineers |
Chemical engineers |
2,190 |
20 |
|
|
|
ALMIS Total
Demand |
106,910 |
1,434 |
|
|
|
|
||
|
|
|
Data Set |
||
Pearson
Correlation Coefficient, US and CT
supplies: 0.997 (p-value = 0.000) |
(*) Note: Engineering,
Mathematical, and Natural Sciences Managers (OES Code 13017) are accounted as
allocated between Clusters 1101, 1103 and 1104, Electrical Engineering,
Industrial Engineering, and Civil Engineering, respectively. They are allocated in proportions of 0.3, 0.3
and 0.2, again, respectively. (The
remaining 0.2 is allocated to Cluster 1503, Mathematical Specialties.) This is the allocation used by the
Connecticut Department of Labor.
The educational
specialties within this cluster are extremely diverse. Over seventy listings are given in the
Connecticut DoL tables, although, as with the labor
demand data above, the final rows of Table 6 show that 73% of the DoL listings are captured by the IPEDS [13] data. Again, the correlation between the two series
is significant at 0.01 percent.
Table A.5.
Program Completions in Engineering cluster: IPEDS [13],
Cluster
code |
CIP
code |
CIPTITLE |
US
Supply |
CT
Supply |
1101 |
14.0901 |
Computer Engineering |
3939 |
59 |
1101 |
14.1001 |
Electrical, Electronics & Communication |
21976 |
194 |
1101 |
15.0301 |
Computer Engineering Tech./Technician |
4033 |
81 |
1101 |
15.0303 |
Elec., Electronic & Comm. Engin. Tech. |
17230 |
131 |
1101 |
15.0304 |
Laser and Optical Tech./Technician |
208 |
1 |
1101 |
15.0399 |
Electrical & Electronic Engin.-Related Tech |
9383 |
57 |
1101 |
15.0402 |
Computer |
3907 |
188 |
1102 |
14.0201 |
Aerospace, Aeronautical and Astronautic |
2177 |
|
1102 |
14.0301 |
Agricultural Engineering |
901 |
|
1102 |
14.1101 |
Engineering Mechanics |
344 |
|
1102 |
14.1901 |
Mechanical Engineering |
18341 |
208 |
1102 |
14.2201 |
Naval Architecture & Marine
Engineering |
330 |
7 |
1102 |
14.2301 |
Nuclear Engineering |
462 |
|
1102 |
14.2401 |
Ocean Engineering |
273 |
1 |
1102 |
15.0403 |
Electromechanical Tech./Technician |
1629 |
|
1102 |
15.0404 |
Instrumentation Tech./Technician |
817 |
|
1102 |
15.0405 |
Robotics Tech./Technician |
731 |
|
1102 |
15.0801 |
Aeronautical & Aerospace Engineering
Tec |
751 |
1 |
1102 |
15.0803 |
Automotive Engineering Tech./Technician |
1124 |
30 |
1102 |
15.0805 |
Mechanical Engineering/Mechanical Tech. |
3033 |
63 |
1102 |
15.0899 |
Mechanical Engineering-Related Tech, Oth |
1040 |
2 |
1102 |
41.0204 |
Industrial Radiologic Tech./Technician |
22 |
|
1102 |
41.0205 |
Nuclear/Nuclear Power Tech./Technician |
102 |
9 |
1103 |
14.1701 |
Industrial/Manufacturing Engineering |
6147 |
78 |
1103 |
14.3001 |
Engineering/Industrial Management |
1204 |
|
1103 |
15.0603 |
Industrial/Manufacturing Tech/Technician |
4392 |
35 |
1103 |
15.0699 |
Industrial Product. Technol./Techn, Oth. |
1241 |
120 |
1104 |
14.0801 |
Civil Engineering, General |
14982 |
94 |
1104 |
15.0201 |
Civil Engineering/Civil Tech./Technician |
1976 |
8 |
1104 |
15.1001 |
Construction/Building Tech./Technician |
2116 |
7 |
1104 |
15.1102 |
Surveying |
574 |
|
1105 |
4.0201 |
Architecture |
6726 |
72 |
1105 |
4.0401 |
Architectural Environmental Design |
771 |
2 |
1105 |
4.0501 |
Interior Architecture |
1047 |
21 |
1105 |
4.0601 |
Landscape Architecture |
1259 |
12 |
1105 |
4.9999 |
Architecture and Related Programs, Other |
771 |
7 |
1105 |
15.0101 |
Architectural Engineering Techno/Tech |
2014 |
26 |
1106 |
14.1801 |
Material Engineering |
1329 |
2 |
1106 |
14.2001 |
Metallurgical Engineering |
424 |
13 |
1106 |
15.0611 |
Metallurgical Tech./Technician |
87 |
|
1107 |
14.0701 |
Chemical Engineering |
8511 |
42 |
1107 |
41.0301 |
Chemical Tech./Technician |
579 |
6 |
1108 |
14.0101 |
Engineering, General |
5005 |
22 |
1108 |
14.0501 |
Bioengineering & Biomedical
Engineering |
1645 |
9 |
1108 |
14.1201 |
Engineering Physics |
393 |
19 |
1108 |
14.1301 |
Engineering Science |
670 |
27 |
1108 |
14.1401 |
Environmental/Environmental Health Engin |
2050 |
25 |
1108 |
14.2701 |
Systems Engineering |
1008 |
1 |
1108 |
14.2901 |
Engineering Design |
15 |
|
1108 |
14.3101 |
Materials Science |
329 |
5 |
1108 |
14.3201 |
Polymer/Plastics Engineering |
133 |
|
1108 |
14.9999 |
Engineering, Other |
2341 |
32 |
|
|
IPEDS Total
Completions: 162,492 Data Set
Coverage, |
1,717 1,365 126% |
|
Pearson
Correlation Coefficient, US and CT
demands: 0.991 (p-value = 0.000) |
A.2.3 Definition of Electrical
Engineering Cluster
Electrical Engineering has
generated particular interest as the area of engineering most closely
associated with computer and related technologies. The overlap of our three labor market data
sets shows the following demand count, with the correlation between the
national and state series significant at 0.1 percent.
Table A.6.
Occupational Classifications - Electrical Engineering Cluster:
OES
[5], ALMIS [1], CT DoL [6], 1996-97
Cluster
Code |
OES
Code |
OES
Title |
Almis Title |
US
Demand |
CT
Demand |
1101 |
22.127 |
Computer
Engineers |
Computer engineers |
25,000 |
340 |
1101 |
22.505 |
Electrical and
Electronic Engineering Technicians and Technologists |
Electrical and electronic technicians and
technologists |
12,130 |
180 |
1101 |
22.126 |
Electrical and
Electronic Engineers |
Electrical and electronics engineers |
19,720 |
210 |
1101 |
13.017 |
Engineering,
Mathematical, and Natural Sciences Managers |
Engineering, science, and computer systems
managers |
22,800 |
230 |
|
|
|
ALMIS Total Demand |
79,650 |
960 |
|
|
|
|
880 |
|
|
|
|
Data Set |
109.1% |
|
Pearson
Correlation Coefficient, US and CT
demands: 0.994 (p-value = 0.001) |
The data on program completions
are as follow, with the correlation between the
Table A.7.
Program Completions in Electrical Engineering cluster:
IPEDS
[13]
Cluster
code |
CIP Code |
CIP
TITLE |
US Supply |
CT
Supply |
1101 |
14.0901 |
Computer
Engineering |
3,939 |
59 |
1101 |
14.1001 |
Electrical,
Electronics and Communication Engineering |
21,976 |
194 |
1101 |
15.0301 |
Computer
Engineering Tech./Technician |
4,033 |
81 |
1101 |
15.0303 |
Electrcial,
Electronic and Communications Engin.
Tech./Technician |
17,230 |
131 |
1101 |
15.0304 |
Laser
and Optical Tech./Technician |
208 |
1 |
1101 |
15.0399 |
Electrical
and Electronic Engineering-Related Technol./Technician |
9,383 |
57 |
1101 |
15.0402 |
Computer
|
3,907 |
188 |
|
|
IPEDS Total
Completions |
60,676 |
711 |
|
|
|
384 |
|
|
|
Data Set |
185.16% |
|
Pearson
Correlation Coefficient, US and CT
supplies: 0.955 (p-value = 0.000) |
In this assembly of
multi-state supply and demand data, I have based our definition of clusters on
the extensive research and practical experience of the Connecticut Department
of Labor [6]. How comprehensive is this
new multi-state data set? To compare it
to the individual data sets of all 50 states is neither practical nor important
at this point. What I have done is to
compare its coverage with the published records of the DoL.
To summarize, the multi-state data set I have assembled covers about 2/3 of the occupational listing and labor demand categories of the Connecticut DoL data [6]. When it comes to the school completions data, however, the new data set's coverage often has better coverage (over 100%) compared to data used by the Connecticut DoL in assembling its clusters. This greater coverage of the IPEDS [13] may result from its data having been updated more recently.
REFERENCES
[1] ALMIS
(American Labor Market Information System), http://almis.dws.state.ut.us/.
[2] R.J. Barro, "Human capital and growth
in cross-country regressions," Swedish
Econ. Pol. Rev., Vol. 6, pp. 237-277, Autumn 1999.
[3] Battelle Consultants, "An information technology workforce
strategy for the state of
[4] Bureau of
the Census, tapes on state high school grad. rates,
via "ferret" extraction tool, http://www.census.gov.
[5] Bureau of Labor Statistics, Occupational
Employment Statistics (OES), http://stats.bls.gov/oeshome.htm.
[6] Connecticut
State Dept. Labor, "Making the future yours: a comparison of job openings
and education and training graduates," 1996.
[7] P. Elias
and A. McKnight, "Skill measurement in official statistics: recent
developments in the UK and the rest of Europe," Oxford Econ. Paps., Vol. 3, pp. 508-540, 2001.
[8] R. Freeman
and R. Shettkat, "Skill compression, wage differenttials, and employment: Germany vs. the US," Oxford Econ. Paps., Vol. 3, pp.
582-603, 2001.
[9] C. Goldin and L. Katz "America's graduation from high
school: the evolution and spread of secondary schooling in the twentieth
century", J. Econ. History, Vol.
58, pp. 345-374, June 1998.
[10] J.
Greenwood, "The third industrial revolution: technology, productivity, and
income equality," Fed. Resrv. Bank Cleveland, Econ.
Review, Vol. 35, 1999.
[11] J. Hartog "Over-education and earnings: where are we,
where should we go?" Econ. Educ. Rev., Vol. 19, pp. 131-147, April
2000.
[12] Jacob Mincer, "Investments in U.S. education and training as
supply responses," Rsch. Labor Econ., Vol. 17; pp. 277-304,
1998.
[13]
[14] Natl. Science Fnd., "Science and Engineering indicators - 2000,"
[15] P. Romer, "Should the government subsidize the supply or
demand in the market for scientists and engineers?,"
Natl. Bur. Econ. Rsch., Working Paper No. 7723, 1999.
[16] K. Sylwester, "Can
education expenditures reduce income inequality?" Econ. Educ. Rev., Vol.21, pp.43-
52, Feb. 2002.
A shorter version
of this paper was printed in an IEEE conference volume.
Search for author
“Stodder” at the conference site:
http://ieeexplore.ieee.org/xpl/tocresult.jsp?isnumber=22258
“Scientific-technical
workers: education supplies, occupational demands”
Engineering
Management Conference, 2002. IEMC '02. 2002
IEEE International
Volume: 2
Digital Object
Identifier: 10.1109/IEMC.2002.1038493
Publication Year: 2002 , Page(s): 544-549 vol.2
[1] The occupations listed have slightly different names in OES [5] and in ALMIS [1]. Comparability is not aided, furthermore, by the fact that OES uses the numerical Occupational Classification Code (OCC), while ALMIS does not. In all cases surveyed, however, a clear title match was possible. Comparisons of particular ALMIS and OES occupational titles can be seen in the cluster definitions that follow.
** In the Connecticut Department of Labor (CT DoL) Tables [6], the Total count on program completions is given without graduate degrees. (The number of graduate degrees is listed separately.) The Connecticut DoL does this because many of those completing graduate programs are part time students, and already employed in their field. For purposes of widest comparison here, the number of all degrees was used to compute the Connecticut DoL Total**, as given above. In this paper's statistical work, I will break down total completions both ways, with and without graduate degrees.