Showing 1 - 10 of 795
This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …
Persistent link: https://www.econbiz.de/10005822664
This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross …-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor …-intensive sectors. Employment in middle-income countries is susceptible to a resource curse, and grows rapidly in response to …
Persistent link: https://www.econbiz.de/10010585691
This paper investigates short and long-run effects of trade liberalization on employment and wages. Employment and wage … causality is unidirectional. Wages strongly causes employment but employment does not cause wages. There is significant … sectors. We find the differences in the short and long-run wage and employment responses to changes in export to be explained …
Persistent link: https://www.econbiz.de/10005762106
manufacturing is not inefficient in labour use as modest speed of adjustment has led employment size closer to the optimal level. …This study provides an empirical investigation of the adjustment process of labour in Indian manufacturing industries … applied to a panel of 22 two-digit manufacturing industries for the time period of 22 years covering 1980/81 to 2001/02. We …
Persistent link: https://www.econbiz.de/10005233871
-tech manufacturing but absent in the more traditional manufacturing sectors. This means that we should not expect positive employment …After discussing theory regarding the consequences of technological change on employment and surveying previous … unique longitudinal database covering 677 European manufacturing and service firms over the period 1990-2008. The main …
Persistent link: https://www.econbiz.de/10009246701
the interaction between firms and trade union in determining wages and employment. The focus is on analyzing the effects … wages and capital stock, conditional on which the firm decides on production factors of employment, working hours and … capital operating time. We suggest the use of a panel data approach applied to manufacturing data. A dynamic model is …
Persistent link: https://www.econbiz.de/10005762026
The EU and the US have started negotiations on a Transatlantic Trade and Investment Partnership Agreement (TTIP) which … could bring a considerable increase of exports and output as well as changes in the composition of output and employment …. Thus export simulation studies in combination with input output analysis and employment analysis is useful. In the analysis …
Persistent link: https://www.econbiz.de/10010884392
stagnant export shares. The limited export competitiveness has hampered external demand, growth and employment. Applying, for … misalignments. Intra-regional trade – both with North Africa and the rest of the continent – together with greater orientation to …
Persistent link: https://www.econbiz.de/10011271994
Method of Moments (GMM-SYS), this paper attempts to establish the nature of manufacturing employment in Ethiopia and the role … played by trade and FDI in determining employment. The empirical results obtained lend support to globalization having a … labour-augmenting effect, increasing total manufacturing employment. The two-equation dynamic framework implemented to …
Persistent link: https://www.econbiz.de/10010723562
and trade is not harming employment and wages. Natives seem to be complements to migrants, at least to those from East … Europe. Trade does not affect wages at all, and hardly affect employment. Thus one can expect that, while the Austrian labour …Trade and migration have become more important in recent years for Austria and Germany. The transition in Central and …
Persistent link: https://www.econbiz.de/10005703507