Wage And Productivity Gaps


Wage And Productivity Gaps
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Wage And Productivity Gaps


Wage And Productivity Gaps
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Author : Dorte Verner
language : en
Publisher: World Bank Publications
Release Date : 1999

Wage And Productivity Gaps written by Dorte Verner and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Access and Equity in Basic Education categories.


Ghana's labor market is segmented, and the workforce adds more to firm level productivity than its cost would suggest. The more training and education workers have, the higher their wages and the greater their productivity. In short, investments in human capital improves productivity.



Wage And Productivity Gaps


Wage And Productivity Gaps
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Author : Dorte Verner
language : en
Publisher:
Release Date : 2016

Wage And Productivity Gaps written by Dorte Verner and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.


This paper studies labor market outcomes in Ghana. The analysis focuses on the formal manufacturing wage sector and, more specifically, on the determinants of wages and productivity for various groups of workers. It tests hypotheses that relate to the impacts of individual and enterprise characteristics on wages. Furthermore, it compares the marginal impact of each of these characteristics on wages with their respective impact on labor productivity. The results may indicate whether, for example, there exists a spot labor market, discrimination, and/or structural differences among sectors and groups of workers.The paper analyzes whether experience, training, and education impact wages and productivity. In recent years, analysts have paid a lot of attention to the impacts of education and labor force training. The rationale for investing in human capital is that a more skilled and educated labor force is more productive than a less educated one. Therefore, policymakers emphasize investment in human capital because they believe that, in general, it increases labor productivity. However, there is not have much evidence of this relationship in the Africa region.11 Glewwe (1996) finds that there is no return to human capital in Ghana.This paper aims partially at filling this void by presenting evidence on the direct impact of education, training, and experience on productivity for different groups of workers using econometric regression analyses. It looks at whether Ghanaian labor markets are characterized by gender discrimination. It analyzes whether the labor markets are competitive. And it looks at whether union membership, manufacturing sector, and firm location affect labor market outcomes.This paper - a product of Human Development 3, Africa Technical Families -is part of a larger effort in the region to understand how labor markets work in Africa. The author may be contacted at [email protected].



Wage Gaps And Development


Wage Gaps And Development
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Author : Alex Mourmouras
language : en
Publisher: International Monetary Fund
Release Date : 2007-05

Wage Gaps And Development written by Alex Mourmouras and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-05 with Business & Economics categories.


During the course of development, wages and labor productivity are much higher in the nonfarm sectors of the economy than in agriculture. In this paper, we examine the sources and consequences of wage and productivity gaps in the U.S. from 1800 to 2000. We build a quantitative general equilibrium model that closely matches the two-century long paths of farm and non-farm labor productivity growth, schooling, and fertility in the U.S. The family farm emerges as an important institution that contributes to differences in wages and labor productivity. Income from farm ownership compensates farm workers for the relatively low labor productivity and wages earned in agriculture. Farm ownership, along with the higher cost of raising children off the farm, generated a two-fold gap in labor productivity across the farm and nonfarm sectors in the 19th century US. Consequently, the reallocation of labor from farming to industry raised the average annual growth rate of output per worker by about half a percentage point over the 19th century. The paper also draws some lessons from the quantitative analysis of U.S. economic history for currently developing countries.



Wages And Productivity In Mexican Manufacturing


Wages And Productivity In Mexican Manufacturing
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Author : Gladys Lopez Acevedo
language : en
Publisher: World Bank Publications
Release Date : 2003

Wages And Productivity In Mexican Manufacturing written by Gladys Lopez Acevedo and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Industria manufacturera - Mexico categories.


The author identifies the determinants of wages and productivity in Mexico over time using national representative linked employer-employee databases from the manufacturing sector. She shows that both employers and employees are benefiting from investments in education, training, work experience, foreign research and development, and openness after the North American Free Trade Agreement (NAFTA). Additional years of schooling have a higher impact on wages and productivity after NAFTA than before. Endogenous training effects are larger for productivity than for wages, suggesting that the employers share the costs and returns to training. The author also finds that investment in human capital magnifies technology-driven productivity gains. By comparing four regions of Mexico-north, center, south, and Mexico City-regional wage and productivity gaps are found to have increased over time.



Wages And Productivity In Mexican Manufacturing


Wages And Productivity In Mexican Manufacturing
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Author : Gladys Lopez-Acevedo
language : en
Publisher:
Release Date : 2016

Wages And Productivity In Mexican Manufacturing written by Gladys Lopez-Acevedo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.


Acevedo identifies the determinants of wages and productivity in Mexico over time using national representative linked employer-employee databases from the manufacturing sector. She shows that both employers and employees are benefiting from investments in education, training, work experience, foreign research and development, and openness after the North American Free Trade Agreement (NAFTA). Additional years of schooling have a higher impact on wages and productivity after NAFTA than before. Endogenous training effects are larger for productivity than for wages, suggesting that the employers share the costs and returns to training. The author also finds that investment in human capital magnifies technology-driven productivity gains. By comparing four regions of Mexico - north, center, south, and Mexico City - regional wage and productivity gaps are found to have increased over time.This paper - a product of the Economic Policy Sector Unit, Latin America and the Caribbean Region - is a background paper for the region's 2002 Flagship Report quot;Knowledge in Latin America and the Caribbean: Reconsidering Education, Training, and Technology Policies.quot.



The Role Of Firms In Wage Inequality Policy Lessons From A Large Scale Cross Country Study


The Role Of Firms In Wage Inequality Policy Lessons From A Large Scale Cross Country Study
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2021-12-09

The Role Of Firms In Wage Inequality Policy Lessons From A Large Scale Cross Country Study written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-09 with categories.


Even though firms play a key role in shaping wages, wage inequality and the gender wage gap, firms have so far only featured to a limited extent in the policy debates around these issues. The evidence in this volume shows that around one third of overall wage inequality can be explained by gaps in pay between firms rather than differences in the level and returns to workers’ skills.



The Role Of Firms In Wage Inequality


The Role Of Firms In Wage Inequality
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Author : Oecd
language : en
Publisher:
Release Date : 2021-12-21

The Role Of Firms In Wage Inequality written by Oecd and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-21 with Business & Economics categories.




Technology Growth And The Labor Market


Technology Growth And The Labor Market
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Author : Donna K. Ginther
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Technology Growth And The Labor Market written by Donna K. Ginther and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


Technology, Growth, and the Labor Market brings together research by economists from academia and the Federal Reserve System. The first section of the volume includes discussions by monetary policymakers with firsthand experience in determining how technology affects productivity, inequality, and macroeconomic growth. Papers in the second section discuss the sources of the surge in labor productivity growth during the latter half of the 1990s and present forecasts of labor productivity growth rates during the next few years. In the third section, the papers focus on the role of technological advances in changes in earnings inequality in the labor market. The authors examine whether inequality should be viewed as a causal result of skill-biased technological change or whether there is a missing link - or perhaps no link - between changes in technology and changes in wage inequality. The final section explores the relationships between computer investment, worker skills, human resource practices, and productivity at the industry and firm levels.



Gender Work And Wages In Industrial Revolution Britain


Gender Work And Wages In Industrial Revolution Britain
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Author : Joyce Burnette
language : en
Publisher: Cambridge University Press
Release Date : 2008-04-17

Gender Work And Wages In Industrial Revolution Britain written by Joyce Burnette and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-17 with History categories.


A major study of the role of women in the labour market of Industrial Revolution Britain. It is well known that men and women usually worked in different occupations, and that women earned lower wages than men. These differences are usually attributed to custom but Joyce Burnette here demonstrates instead that gender differences in occupations and wages were instead largely driven by market forces. Her findings reveal that rather than harming women competition actually helped them by eroding the power that male workers needed to restrict female employment and minimising the gender wage gap by sorting women into the least strength-intensive occupations. Where the strength requirements of an occupation made women less productive than men, occupational segregation maximised both economic efficiency and female incomes. She shows that women's wages were then market wages rather than customary and the gender wage gap resulted from actual differences in productivity.



Real Wage Labor Productivity And Employment Trends In South Africa


Real Wage Labor Productivity And Employment Trends In South Africa
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Author : Nir Klein
language : en
Publisher: International Monetary Fund
Release Date : 2012-04-01

Real Wage Labor Productivity And Employment Trends In South Africa written by Nir Klein and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-01 with Business & Economics categories.


The paper looks at the dynamics of employment in South Africa and examines the factors that contributed to the job-shedding observed during the recent financial crisis. The paper finds that the rapid growth of the real wage, which outpaced the labor productivity growth in most sectors, played an important role in suppressing employment creation. The paper also finds that while there is a co-integrating link between the real wage and labor productivity, the deviations from equilibrium are persistent and thus contribute to a weak link between real wage growth and labor productivity growth in the short term. This finding is also supported by a cross-country analysis, which shows that in South Africa the link between the real wage and labor productivity is substantially weaker than in other emerging markets, even after controlling for labor market tightness indicators.