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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
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
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
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
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
been a shift toward employment of skilled workers in Australia, as well as in many other industrialised economies. While it … paper shows other factors are at work. Changing employment patterns are more closely associated with a pull toward skilled …
Persistent link: https://www.econbiz.de/10005408322