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Through panel estimates using OECD country-industry statistics, this paper aims to clarify the determinants of rent creation and the mechanisms of rent sharing, and the role of market regulations in these processes. The empirical analysis is carried out in two steps. The first explains the rent...
Persistent link: https://www.econbiz.de/10013107730
In this paper we analyse how labour market institutions and technology affect wagedetermination through rent sharing. To this aim we first extend the theoretical frameworkof Estevao and Tevlin (2003) to account for heterogeneity of labour (regular and non-regularworkers). The predictions of the...
Persistent link: https://www.econbiz.de/10012836559
Rent seeking within the vast informal segment of the developing world is a relatively underdexplored topic in the interface of labor market policies and public economics. Moreover, how rent seeking and corruption within the informal segment is affected by economic reforms targeted for the formal...
Persistent link: https://www.econbiz.de/10012894076
We exploit admission lotteries to estimate the payoffs to the dentistry study in the Netherlands. Using data from up to 22 years after the lottery, we find that in most years after graduation dentists earn around 50,000 Euros more than they would earn in their next-best profession. The payoff is...
Persistent link: https://www.econbiz.de/10012925522
We analyse – theoretically and empirically – how private versus public ownership of firms affects the degree of rent sharing between firms and their workers. Using a particularly rich linked employer-employee dataset from Portugal, covering a large number of corporate ownership changes...
Persistent link: https://www.econbiz.de/10013144082
We provide evidence about the determinants of the wage structures of developing countries by examining the case of Brazil. Our specific question is whether Brazil's dramatic income and wage differentials can be explained by the division of rents between firms and their employees, unlike in...
Persistent link: https://www.econbiz.de/10013317422
Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a … national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by …
Persistent link: https://www.econbiz.de/10013120401
mining activity in Peru, which grew almost twentyfold in the last two decades. We find evidence that producing districts have … higher literacy. However, the positive impacts from mining decrease significantly with administrative and geographic distance …. The inequalizing impact of mining activity, both across and within districts, may explain part of the current social …
Persistent link: https://www.econbiz.de/10013085487
The Southern African Development Community (SADC) countries are rich in natural resources and in most of them their extractive industries extract and export natural resources with little industrial processing. This study analyzes the direct and indirect impacts that the extractive industries in...
Persistent link: https://www.econbiz.de/10012825604
In this paper, we study how mines change local societies in the Nordic countries with a particular focus on the Arctic region. Our study is based on register data at the municipality level from Norway, Sweden, and Finland for the period 1986 to 2013. The applied econometric model allows for...
Persistent link: https://www.econbiz.de/10012993938