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This paper uses neoclassical theory as a foundation for modelling labour demand in Norwegian manufacturing. Applying the Johansen (1988,1991) methodology, we obtain a single cointegrating vector between employment, production, relative factor prices, total factor productivity and the stock of...
Persistent link: https://www.econbiz.de/10011968026
This paper uses neoclassical theory as a foundation for modelling labour demand in Norwegian manufacturing. Applying the Johansen (1988,1991) methodology, we obtain a single cointegrating vector between employment, production, relative factor prices, total factor productivity and the stock of...
Persistent link: https://www.econbiz.de/10004980806
elasticities were estimated using Johansen cointegration analysis and the vector error correction model. We found that the …
Persistent link: https://www.econbiz.de/10011167309
The advent of rising immigration has spurred research into a number of important issues insofar as the indigenous labor market is concerned. Some of these issues regarding the nature of the effect on native workers have been studied extensively. Others, like the interrelationships among...
Persistent link: https://www.econbiz.de/10005260046
-wage labor costs and the rate of capital accumulation. Given the statistical properties of the variables, a cointegration …
Persistent link: https://www.econbiz.de/10005489398
Persistent link: https://www.econbiz.de/10011091359
Johansen cointegration approach. Qatar is a small open economy that depends on the outside world for exporting its oil, natural …
Persistent link: https://www.econbiz.de/10009762348
Despite the generally swift economic growth in the Arab Gulf countries, they still face a national problem with the unemployment of nationals. Given the relatively large inflow of foreign labor across these countries, it is essential to study the association between foreign labor and economic...
Persistent link: https://www.econbiz.de/10014506365
To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data are carried out in a multivariate framework for three sets of sectors....
Persistent link: https://www.econbiz.de/10010275663
To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data are carried out in a multivariate framework for three sets of sectors....
Persistent link: https://www.econbiz.de/10005703692