Showing 1 - 10 of 179
In this paper, we analyze employment and capital adjustments using a panel of plants from Colombia. We allow for nonlinear adjustment of employment to reflect not only adjustment costs of labor but also adjustment costs of capital, and vice-versa. Using data from the Annual Manufacturing Survey,...
Persistent link: https://www.econbiz.de/10010274528
deregulation. Road driver output is individualized, and pay is on the basis of a piece rate (mileage). However, road drivers work … companies paid more than those for TL companies, but in LTL the union earnings premium was maintained following deregulation and …
Persistent link: https://www.econbiz.de/10010282408
countries over the period 1980-2002, we present evidence that product market deregulation is more effective at the margin when … labor market regulation is high. Moreover, there is evidence in our sample that product market deregulation promotes labor … market deregulation. We show that these results are mostly consistent with the basic predictions of a standard bargaining …
Persistent link: https://www.econbiz.de/10010268223
This paper explores the impact of financial liberalization on the migration of high skilled labor from 46 countries to the OECD, taken at five year intervals over the period 1985-2000. Using an exploratory factor analysis, we are able to distinguish between two dimensions of financial...
Persistent link: https://www.econbiz.de/10010280660
This paper estimates the effect of minimum wage regulation in 16 OECD countries, 1970-2008. Our treatment is motivated by Neumark and Wascher's (2004) seminal cross-country study using panel methods to estimate minimum wage effects among teenagers and young adults. Apart from the longer time...
Persistent link: https://www.econbiz.de/10010274565
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10010280731
It has traditionally been argued that the development of telecommunications infrastructure is dependent on the quality … telecommunications services and find it to be much smaller in cellular telephony than in the others. By evaluating the importance of … offer policy implications for alleviating differences between countries in international telecommunications development. …
Persistent link: https://www.econbiz.de/10010267947
with the best access to local telecommunications infrastructures. These same attributes have been associated with rising …
Persistent link: https://www.econbiz.de/10010262114
In EU countries, opening up of telecommunications markets and regulations have helped to reduce the price of digital … services which is an important quasi-input factor in all firms. Integrating the use of telecommunications in a macroeconomic … production function is the analytical starting point for our interdependent analysis of output, use of telecommunications and …
Persistent link: https://www.econbiz.de/10005233868
It has traditionally been argued that the development of telecommunications infrastructure is dependent on the quality … telecommunications services and find it to be much smaller in cellular telephony than in the others. By evaluating the importance of … offer policy implications for alleviating differences between countries in international telecommunications development. …
Persistent link: https://www.econbiz.de/10005703017