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wage when they are spread over a large range of wages in order to avoid specialization in low productivity jobs. …Phelps (1994) presented the case for a low-wage subsidy policy. Since the mid-1990s, France has experimented with this … strategy. This paper evaluates the e®ect of this policy on employment and also on output and welfare. We construct an …
Persistent link: https://www.econbiz.de/10010750885
This paper studies the effect of changes in the employment rate on labour productivity per hour, taking an empirical … changes in the employment rate structure from those of changes in the qualification structure. With the results obtained, we … practice with respect to employment rate structure and qualification level. It appears that the two effects are more or less of …
Persistent link: https://www.econbiz.de/10008794107
This paper evaluates the role of economic geography in explaining regional wages in China. It investigates the extent … dynamics in China. We investigate three channels through which market access might influence wages beside direct transport …
Persistent link: https://www.econbiz.de/10010635248
China is a big country in terms of biotech achievements. It is also a rare country demonstrating crop …
Persistent link: https://www.econbiz.de/10008793327
This article investigates the impact that the appreciation and the stability of the real exchange rate in China between … 1993 and 2001 have exerted on productivity growth. We give theoretical arguments explaining the impact of the real exchange … rate on productivity via its effects either on efficiency growth or on technical progress. Then for the twenty-nine Chinese …
Persistent link: https://www.econbiz.de/10008805933
Contract enforcement is acknowledged as a major issue in Law and in Economics. Contrasting substitution and complementary perspectives with respect to the role of private versus public enforcement institutions, this article analyses how contract law can support private institutions, and enhance...
Persistent link: https://www.econbiz.de/10010635194
This study deals with history of important state institution in late Russian Empire - factory inspection. Such aspects of institutional development as evolution of legislative regulations, growth of staff, and complication of functions (and particularly, mediation in labour conflicts) are...
Persistent link: https://www.econbiz.de/10010738820
, wage rates vary considerably less than productivity and wage profiles are steeper for high-skilled workers. The relative … productivity over wage ratio is found to be sector-specific. It is the highest for young workers in manufacturing while in services …This study aims at evaluating the actual profile of marginal productivity across the age groups within the workforce …
Persistent link: https://www.econbiz.de/10008866181
This article presents a new decomposition of unit labour costs into compensation per worker and labour productivity … countries and the US show that the evolution of labour productivity components counteracts the deterioration in countries' cost …
Persistent link: https://www.econbiz.de/10010899737
shared between firms and workers. This is done through analysing the sign of various OJT variables and different wage …
Persistent link: https://www.econbiz.de/10010933883