Earnings in Poland: The private versus the public sector
The transition of Poland to a free market economy, concurrent to a substantial increase of the private sector, promoted entrepreneurship, joint ventures, self-employment, labor reallocation, growth of financial markets and direct foreign investments. Previous studies have provided inconclusive evidence regarding earning disparities in Poland. The present study proposes a model that employs demographic, employment and organizational characteristics, revealing that earnings in the private sector are 9.8% higher than in the public sector; human capital characteristics are more influential in the private than in the public sector; the return to general training is higher for both workers with a higher education and those in the private sector; and the return to firm-specific-training is higher in the private sector. The results are discussed in light of the structure of a transitional economy and the changing labor market.
Year of publication: |
2002
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Authors: | Weisberg, Jacob ; Socha, Mieczyslaw Waclaw |
Published in: |
Journal of Entrepreneurial Finance, JEF. - Montrose, CA : The Academy of Entrepreneurial Finance (AEF), ISSN 1551-9570. - Vol. 7.2002, 3, p. 17-32
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Publisher: |
Montrose, CA : The Academy of Entrepreneurial Finance (AEF) |
Saved in:
freely available
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