Academic literature on the topic 'Inter-industry wage differentials'

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Journal articles on the topic "Inter-industry wage differentials"

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Jaffry, Shabbar, Yaseen Ghulam, and Vyoma Shah. "Inter-industry Wage Differentials in Pakistan." Pakistan Development Review 45, no. 4II (December 1, 2006): 925–46. http://dx.doi.org/10.30541/v45i4iipp.925-946.

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The essential feature of a perfectly competitive labour market is that workers who accept jobs can expect to receive compensation equal to their opportunity cost. Firms pay a wage which is just sufficient enough, to attract workers of the quality they desire and no higher [Krueger and Summers (1988)]. Overall, the markets do not follow the law of one price, contradicting the competitive framework. This is where the problem of wage differentials across different industries needs to be assessed, and has also been the focus of many studies over the years, mainly in the industrialised countries, e.g. USA, European Countries. However, the issue of wage differentials has been addressed by very few studies in the developing countries [Arbache (2001) and Erdil, et al. (2001)]. Wage differentials analysis in developing countries should also have equal importance as in the industrialised countries, in order to gauge the effect of the corporate culture and centralisation/decentralisation on the different industries and labour market of those developing countries.
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Mounsey, Allister, and Tracy Polius. "Trinidad and Tobago: Inter-industry wage differentials." CEPAL Review 2011, no. 105 (December 31, 2011): 53–71. http://dx.doi.org/10.18356/14e6e601-en.

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Benito, Andrew. "Inter‐Industry Wage Differentials in Great Britain." Oxford Bulletin of Economics and Statistics 62, s1 (December 2000): 727–46. http://dx.doi.org/10.1111/1468-0084.0620s1727.

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Gittleman, Maury, and Edward N. Wolff. "INTERNATIONAL COMPARISONS OF INTER-INDUSTRY WAGE DIFFERENTIALS." Review of Income and Wealth 39, no. 3 (September 1993): 295–312. http://dx.doi.org/10.1111/j.1475-4991.1993.tb00461.x.

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Sørensen, Anders. "Inter-industry Wage Differentials and Allocative Inefficiency." International Economic Journal 21, no. 1 (March 2007): 1–26. http://dx.doi.org/10.1080/10168730601180994.

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Mokre, Patrick, and Miriam Rehm. "Inter-industry wage inequality: persistent differences and turbulent equalisation." Cambridge Journal of Economics 44, no. 4 (February 24, 2020): 919–42. http://dx.doi.org/10.1093/cje/bez064.

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Abstract The empirical stylised fact of persistent inter-industry wage differentials is an enduring challenge to economic theory. This paper applies the classical theory of ‘real competition’ to the turbulent dynamics of these inter-industrial wage differentials. Theoretically, we argue that competitive wage determination can be decomposed into equalising, dispersing and turbulently equalising factors. Empirically, we show graphically and econometrically for 31 US industries in 1987–2016 that wage differentials, like regulating profit rates, are governed by turbulent equalisation. Furthermore, we apply a fixed-effects OLS as well as a hierarchical Bayesian inference model and find that the link between regulating profit rates and wage differentials is positive, significant and robust.
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Gibbons, Robert, and Lawrence Katz. "Does Unmeasured Ability Explain Inter-Industry Wage Differentials." Review of Economic Studies 59, no. 3 (July 1992): 515. http://dx.doi.org/10.2307/2297862.

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Lucifora, Claudio. "Inter industry and occupational wage differentials in Italy." Applied Economics 25, no. 8 (August 1993): 1113–24. http://dx.doi.org/10.1080/00036849300000091.

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Wang, Feicheng, Chris Milner, and Juliane Scheffel. "Globalization and inter-industry wage differentials in China." Review of International Economics 26, no. 2 (November 19, 2017): 404–37. http://dx.doi.org/10.1111/roie.12337.

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Rycx, François, and Ilan Tojerow. "Inter-Industry Wage Differentials: What Do We Know?" Reflets et perspectives de la vie économique XLVI, no. 2 (2007): 13. http://dx.doi.org/10.3917/rpve.462.0013.

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Dissertations / Theses on the topic "Inter-industry wage differentials"

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Barnard, G. A. (Geoffrey Alan). "Inter-industry wage differentials and the role of workers' concern for equity." Thesis, McGill University, 1997. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=34696.

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This thesis seeks to add to the understanding of wage determination in Canada. Data from the Labour Market Activity Survey and the Survey of Displaced Workers are analysed to indicate the degree to which wages for workers of given observable characteristics vary across industries. Possible explanations for such differentials are considered, with market-clearing models argued to be unconvincing compared to the main alternative, efficiency-wage theory, which allows for a persistent distribution of labour rents across industries. In particular, the key mechanisms in versions of the efficiency-wage hypothesis appealing to workers' concern for fairness are found to be relatively free of persuasive objections, and to be supported by a substantial body of theoretical and empirical work in social psychology and sociology, as well as in economics. The extent to which the observed inter-industry wage differentials can be explained in terms of posited mechanisms for the operation of workers' concern for fairness is then examined. Some indications of the influence of the concern for equity on inter-industry wage differentials are found, although limitations in the data and multicollinearity among regressors restrict the ability to isolate different industry-specific effects. It is concluded that while there is both a theoretical and an empirical basis for the proposition that workers' concern for fairness plays a role in the determination of wages in Canada, more work on this question, ideally combined with the availability of comprehensive firm-level data, is needed to get a more precise idea of the extent of this influence.
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Shah, Vyoma. "Inter-industry wage differentials and returns to education in Pakistan." Thesis, University of Portsmouth, 2010. https://researchportal.port.ac.uk/portal/en/theses/interindustry-wage-differentials-and-returns-to-education-in-pakistan(4896c426-fc38-4d56-a2bb-827966dffe7f).html.

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Few studies deal with the Pakistan labour market and most of them have paid little attention to wage structures and differentials. This study is concerned with the existence and determinants of wage differentials in Pakistan. Therefore, the aim of this study is to fill a research gap and contribute to the empirical work on the Pakistan economy. Previous empirical studies have revealed that there are several theories and approaches, which have been used to explain wage determinants and wage differentials. This study involves identification of some of these theories and approaches, which are believed to be helpful in explaining the determinants of wage differentials in the developing economy. These include i) efficiency wage theory; ii) human capital theory; iii) the segmented labour market and iv) other factors that are theoretically relevant to the determinants of wage differentials. These theories are explained and tested by using different econometric techniques. To do so, this study investigates the wage differential at three different points; the wage differential within the industries, the wage differentials between the public and private sectors, and the role of education in explaining the wage differential. In light of these theories and approaches, the aim of this study is to provide theoretical and empirical analysis, focusing on the role of observable characteristics, which directly and indirectly influence wage determination and wage differentials in the study area. In order to accomplish the objective models are selected based on the above theories and evidence provided by previous empirical studies. The main estimations are based on the calculation of the wage equation with individual, household and job characteristics. To do this the study has employed nine different cross-sectional Labour Force Surveys for the time period between 1990-91 and 2006-07. Estimation suggests the existence of wage differentials across Pakistan, and these wage differentials have grown significantly over time. Results on inter-industry wage differentials shows that even after controlling for individual, household and job characteristics, substantial wage differentials do exist and none of these wage differentials are explained by employer or industry effects. The results on public and private wage differentials found that overall the public sector tends to pay higher wages compared to the private sector and these differentials have widened over the time. On average in 2006-07, private sector employees earned 35 percent less wages compared to their public sector counterparts. The analysis of sector selection models reveal that much of the educated population wish to get employment in the public sector. The same is true for most occupations and industries. Over time, the rate of return to education has increased but there is hardly any change in the return at low levels of education. In other words, a person having completed the primary or middle level of education earns only 3 to 5 percent more compared to the person having little or no education. An assessment of wage inequality based on the level of education also shows that wage inequality spread between people who have acquired higher levels of education are larger compared to the lower level of education across the wage distribution. Decomposition of the wage differential over time shows that much of the wage differentials are explained by observable characteristics. It explains almost 50 percent of the total wage inequality increase between 1990-91 and 2006-07 but when split in two time periods, the observable characteristics have actually helped to narrow down the wage inequality between 1999-00 and 2006-07. It also reveals that in the beginning years, 1990-91 to 1999-00, education has helped to narrow that gap. But still half of the wage differentials are due to unobserved abilities and characteristics. The results provided by the study should prove valuable in explaining the existing system of employment and wage differentials in Pakistan. In addition, it should be of considerable assistance in rationalising the labour market‟s wage policies and narrowing the wage gap across industries and public-private sector. The rate of return to education and wage inequality estimates should help in designing the education policy as much of the population of Pakistan still have little or no education. Overall, the results should prove of major importance to the Pakistan government, in assisting their Education Sector Reforms programme.
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Li, Xiaoying. "Impact of firm characteristics on wages : Industry wage differentials and firm size-wage effects in Sweden." Thesis, Umeå universitet, Nationalekonomi, 2016. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-123299.

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Wage structure has shown to be crucial for firms and workers. However, there existwage dispersion for identical workers in labor markets. The paper measures the effectof industry and firm size on wages in Sweden. The results show that both industry andfirm size have significant effects on wages. Regarding the explanation factors, thefinding is that human capital factors can explain a portion of the industry wagedifferentials, but have less impact on wage differentials across firm size. However,compensating differentials and union organization are not the determinants of theindustry wage differentials and firm size-wage effects. In addition, unobservedindividual characteristics can partly explain firm size effect on wages, but cannotexplain industry wage differentials based on our samples.
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Barnard, G. A. "Inter-industry wage differentials and the role of workers' concern for equity." Thesis, National Library of Canada = Bibliothèque nationale du Canada, 1997. http://www.collectionscanada.ca/obj/s4/f2/dsk1/tape11/PQDD_0005/NQ44357.pdf.

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Conceição, Pedro. "Growth, technology and inter-industry earnings inequality in manufacturing : evidence from a selection of OECD countries, 1970-1990 /." Full text (PDF) from UMI/Dissertation Abstracts International, 2000. http://wwwlib.umi.com/cr/utexas/fullcit?p3004242.

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Giri, Jeeten Krishna. "REGIONAL WAGE DIFFERENTIALS, INTRA-NATIONAL TRADE, AND INDUSTRY-LEVEL INTERNATIONAL TRADE, IN INDIA." OpenSIUC, 2018. https://opensiuc.lib.siu.edu/dissertations/1590.

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This dissertation addresses specific issues on domestic and foreign trade in India. The three chapters of the dissertation are summarized as follows. In the first chapter, we analyze the existence of regional wage differences across Indian states, and how domestic trade affects those premiums. We follow a two-step estimation process used in the literature on Labor Economics. Our empirical results show that higher level of domestic imports tends to reduce the state premiums, and higher domestic exports increase those premiums, which is consistent with a specific factor Ricardo-Viner model. Thus, promoting domestic trade by with states specializing in certain industries may lead to higher welfare within the country. In addition, we find, state premiums depend negatively on state-level amenities measured by per-capita power availability, and does not depend on the richness of the State measured by per-capita Net State Domestic Product. In the second chapter, we look at the pattern and determinants of inter-state manufacturing trade in India. In the paper, we use information on 12 manufacturing industries categorized under 5 sectors from 2005 to 2013 with two-year intervals in between. We find that a 1\% decrease in income ratio between importing state net state domestic product and exporting state net domestic product has significantly varying effects on trade flows across the different sectors. For coal and minerals, the effect is 36.8%, for chemical it is 105%, for metals it is 31.5% and for cement, it is 36.8%. In all these case a decrease in income ratio increases exports. For machinery, a 1% decrease in income ratio lead to approximately 9.3% reduction in trade. This suggests that machineries which are capital goods are more imported by richer states, whereas the other goods which can be classified as intermediate inputs are more imported by poorer states. We also find that infrastructure promotes trade and on average infrastructure reduces the effect of contiguity by around 28.6% and promotes trade even between non-contiguous states. Therefore, infrastructure in the form of roadways, highways, and railways must be built and maintained to promote facilitate trade in India. In chapter three, we compare the effects of tariffs and non-tariff barriers on Indian exports. We use Indian HS-96 four-digit industry level export data from COMTRADE and tariff data from TRAINS database for the study. The overall result suggests that input tariffs have the largest effect on exports, followed by final tariff and foreign tariffs. A 1% reduction in input tariff leads to around 8.6% increase in exports. A similar reduction in final tariffs and foreign tariffs lead to 3.6% and 2.8% increase, respectively in exports. Thus, we conclude that the supply side effect of exports dominates the demand side effects. From a policy perspective, if countries try to improve trade balance by imposing high tariffs, it may lead to a negative effect on exports through the input tariff effects.
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Lee, Byung-Ju. "Determinants of inter-industry wage differentials a case of the Korean labor market /." Thesis, 1994. http://catalog.hathitrust.org/api/volumes/oclc/34751785.html.

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Dias, Paulo Jorge Martins. "Determinantes do salário: capital humano versus salário de eficiência." Master's thesis, 1998. http://hdl.handle.net/10400.5/18886.

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Instituto Superior de Economia e Gestão.
A teoria dominante na explicação da formação dos salários era até aos anos de oitenta a teoria neoclássica, na forma da teoria do capital humano. No entanto, estudos empíricos dos anos oitenta revelaram a existência de diferenças salariais persistentes entre trabalhadores com características comparáveis, aparentemente não explicáveis pela teoria neoclássica. Surgiram, então, outras teorias, não walrasianas, no domínio da formação dos salários. A teoria do salário de eficiência, sendo uma das teorias da nova era, postula que uma empresa pode manter em equilíbrio um salário acima do da concorrência perfeita, apesar da existência de um excesso de oferta de mão de obra. Este trabalho testa a validade empírica da teoria do capital humano e da teoria do salário de eficiência na determinação do ganho em Portugal (Continente), nos anos de 1992 e 1995. Conclui-se que nenhuma das duas teorias em causa consegue explicar, sozinha, a formação salarial de uma forma satisfatória. As duas teorias, em vez de concorrentes, apresentam-se como complementares, fornecendo-nos uma a informação do lado da oferta da mão de obra e, a outra, os factores condicionantes do lado da procura. Estudaram-se, ainda, as diferenças salariais intersectoriais com base na metodologia proposta por Krueger e Summers(1988) e Haisken-DeNew e Schmidt(1997). Em Portugal existem significativas diferenças salariais intersectoriais, mesmo depois de controlado o efeito do capital humano e de outros factores, cuja disparidade situa o nosso pais no grupo de países com maior disparidade salarial intersectorial.
The neo-classical framework, represented by the human capital theory, was until the eighties the dominant theory in explaining the wage formation. Never the less, empirical studies in the eighties reveal the existence of significant durable wage differentials between equally skilled workers running against the fundaments of the neo-classical theory. New theories of wage determination, outside of the neo-classical competitive framework, emerged. The efficiency wage theory, one of the new theories, demonstrates that the firm may raise wages, in equilibrium, above the levei given by the neo-classical theory, causing involuntary unemployment. This paper performs an empirical test of the human capital theory and the efficiency wage theory in explaining, for the years 1992 and 1995, the wage levei in Portugal. None of the two theories alone is able to explain the wage levei in a satisfactory fashion. We should see them further as complementing than as concurring with each other. One describes labour supply and, the other, the labour demand. The inter-industry wage differentials were calculated and analysed in the manner suggested by Krueger and Summers (1988) and Haisken-DeNew and Schmidt (1997). There are significant inter-industry wage differentials in Portugal, even after controlling for human capital variables and other aspects. The dispersion of these differentials seems so high that we can classify Portugal in the group of countries with the highest dispersion of the inter-industry wage differentials.
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Books on the topic "Inter-industry wage differentials"

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Patel, B. B. Structure of inter-district, inter-sectoral, and inter-industry wage differentials in Gujarat. Baroda: Dept. of Economics, Faculty of Arts, M.S. University of Baroda, 1985.

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Patel, B. B. Structure of inter-district, inter-sectoral, and inter-industry wage differentials in Gujarat. Baroda: Dept. of Economics, Faculty of Arts, M.S. University of Baroda, 1985.

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Rotemberg, Julio. A theory of inter-industry wage differentials. Cambridge, Mass: Sloan School of Management, Massachusetts Institute of Technology, 1986.

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Katz, Lawrence F. Can inter-industry wage differentials justify strategic trade policy? Cambridge, MA: National Bureau of Economic Research, 1988.

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Leamer, Edward E. Efforts and wages: A new look at the inter-industry wage differentials. Cambridge, MA: National Bureau of Economic Research, 1998.

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Borland, Jeff. Inter-industry wage differentials: How much can human capital explain? Melbourne: University of Melbourne,Dept. of Economics, 1989.

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Gannon, Brenda. Inter-industry wage differentials and the gender wage gap: Evidence from European countries. Bonn, Germany: IZA, 2005.

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Gahlen, Bernhard. The efficiency wage theories and inter-industry wage differentials: An empirical investigation for the manufacturing sector of the Federal Republic of Germany. Augsburg: Institut fur Volkswirtschaftslehre, Universitat Augsburg, 1987.

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Book chapters on the topic "Inter-industry wage differentials"

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Gahlen, Bernhard, and Georg Licht. "The Efficiency Wage Theories and Inter-Industry Wage Differentials An Empirical Investigation for the Manufacturing Sector of the Federal Republic of Germany." In Economics of Wage Determination, 129–49. Berlin, Heidelberg: Springer Berlin Heidelberg, 1990. http://dx.doi.org/10.1007/978-3-642-84134-7_11.

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Börsch-Supan, Axel. "The Efficiency Wage Theories and Inter-Industry Wage Differentials An Empirical Investigation for the Manufacturing Sector of the Federal Republic of Germany." In Economics of Wage Determination, 151–54. Berlin, Heidelberg: Springer Berlin Heidelberg, 1990. http://dx.doi.org/10.1007/978-3-642-84134-7_12.

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Cabus, Sofie J. "Do Nurses React to Inter-Industry Wage Differentials?" In Contemporary Economic Perspectives in Education, 99–122. Leuven University Press, 2015. http://dx.doi.org/10.2307/j.ctt14jxsqg.9.

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Reports on the topic "Inter-industry wage differentials"

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Gibbons, Robert, and Lawrence Katz. Does Unmeasured Ability Explain Inter-Industry Wage Differentials? Cambridge, MA: National Bureau of Economic Research, November 1989. http://dx.doi.org/10.3386/w3182.

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Katz, Lawrence, and Lawrence Summers. Can Inter-Industry Wage Differentials Justify Strategic Trade Policy? Cambridge, MA: National Bureau of Economic Research, October 1988. http://dx.doi.org/10.3386/w2739.

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Leamer, Edward, and Christopher Thornberg. Efforts and Wages: A New Look at the Inter-Industry Wage Differentials. Cambridge, MA: National Bureau of Economic Research, June 1998. http://dx.doi.org/10.3386/w6626.

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Azzawi, Shireen, and Mona Said. Trade liberalization, inter-industry wage differentials and job quality in Egyptian manufacturing. Population Council, 2009. http://dx.doi.org/10.31899/pgy15.1050.

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Azzawi, Shireen, and Mona Said. Trade liberalization, inter-industry wage differentials and job quality in Egyptian manufacturing [Arabic]. Population Council, 2009. http://dx.doi.org/10.31899/pgy15.1051.

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