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In 2004, the Australian Government asked the Productivity Commission to look at the impact on the economy and the community of NCP and related reforms and for areas which offer opportunities for significant gains. The Commission found that the benefits of NCP have greatly outweighed the costs....
Persistent link: https://www.econbiz.de/10005118883
A key area of focus in the economic reform process and the design of a favorable business environment is labor market … five years since the beginning of Economic reforms, the new Labor Law was passed in July 2003. This is not the only … weakness of the labor market reform; more importantly is that the new law did not actually bring any significant changes that …
Persistent link: https://www.econbiz.de/10005076510
there is free circulation of labor, increasing returns to scale, and endogeneity of skills, this produces on the one hand …
Persistent link: https://www.econbiz.de/10005125704
This study uses data from a 1988 survey of Chinese individuals to estimate rates of return to schooling in China. The Mincer-type rate of return to schooling was estimated at 4.02 percent in rural areas and 3.29 percent in urban areas; these are fairly low estimates compared with similar...
Persistent link: https://www.econbiz.de/10005125753
This paper intends to provide empirical evidence on the interrelationship between employment and capital adjustment … anticipate the investments episodes as well. Also, the augmented adjustment-cost function for employment and capital is extended … to express the inaction range of employment (capital) adjustment in terms of the inactions range of capital (employment …
Persistent link: https://www.econbiz.de/10005408290
This paper aims at analysing the relation between competitiveness and economic growth for the period 1995-2000 (2002 for some variables). To this aim we analyse the evolution of the unit labour cost by sector (‘traded’ and ‘non-traded’ sector) and decomposition between the unit labour...
Persistent link: https://www.econbiz.de/10005125734
Este trabajo tuvo como objetivo: i) el estudio de la evolución del diferencial de salarios entre el sector público y privado y, ii) analizar el impacto en la distribución del ingreso de dicha evolución. Las principales conclusiones del trabajo son: -El salario promedio por hora es mayor en...
Persistent link: https://www.econbiz.de/10005556761
Persistent link: https://www.econbiz.de/10005556823
Persistent link: https://www.econbiz.de/10005556827
Examines the incidence and adjustment experiences of workers who are displaced by economic change. Since the mid-1970s, the aggregate annual rate of retrenchment has fluctuated in a counter-cyclical pattern around a relatively stable long-term trend of about 5 per cent. The paper shows that the...
Persistent link: https://www.econbiz.de/10005125741