Wage Differential

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Daozhi Zeng - One of the best experts on this subject based on the ideXlab platform.

  • spatial inequality globalization and footloose capital
    Economic Theory, 2013
    Co-Authors: Toshiaki Takahashi, Hajime Takatsuka, Daozhi Zeng
    Abstract:

    This paper shows the equivalence of spatial inequalities in industrial location and in income by revisiting the home market effect (HME) without any homogeneous good based on a reconstructed footloose capital model. In this simple framework, spatial inequalities in industrial location and in income are the HMEs in terms of firm share and Wage, respectively. We show that the larger country has a more-than-proportionate share of firms and a higher Wage. Furthermore, both the Wage Differential and the industrial location in the larger country evolve in an inverted U-pattern when transport costs decline. Finally, we analytically examine the effects of trade liberalization on the welfare and show that both countries may gain from globalization.

  • spatial inequality globalization and footloose capital
    Social Science Research Network, 2011
    Co-Authors: Toshiaki Takahashi, Hajime Takatsuka, Daozhi Zeng
    Abstract:

    This paper revisits the home market effect (HME) without any homogeneous good by reconstructing the footloose capital model. This simple model analytically reproduces some typical results scattered in the existing literature, and also provides new insights. Firstly, we derive both spatial inequalities in industrial location and in income. They are the home market effect in terms of firm share and Wage: the larger country has a more-than-proportionate share of firms and a higher Wage. These two HMEs are shown to be equivalent. Secondly, both the Wage Differential and the industrial location in the larger country evolve in an inverted U-pattern when transport costs decline. Finally, we analytically examine the effects of trade liberalization on the welfare and show that both countries may gain from globalization.

Xin Meng - One of the best experts on this subject based on the ideXlab platform.

  • sectoral gender Wage Differentials and discrimination in the transitional chinese economy
    Journal of Population Economics, 2000
    Co-Authors: Xin Meng, Junsen Zhang
    Abstract:

    China's economic reform has affected various ownership sectors to different degree. A comparison of gender Wage Differentials and discrimination among individuals employed in the three sectors - state sector, the collective sector, and the private sector - provides information on the impact of economic reform. Two Chinese data sets from Shanghai and Jinan are used to examine the gender Wage gap across the three sectors. It is found that privatization/marketization of the economy leads to larger Wage Differentials as human capital characteristics are more appropriately rewarded. Both data sets show that the relative share of discrimination in the overall gender Wage Differential declines substantially across ownership sectors from the state to the private. The increase in gender Wage Differential due to marketization is much larger than any increase in Differential that may arise from more gender discrimination.

  • occupational segregation and its impact on gender Wage discrimination in china s rural industrial sector
    Oxford Economic Papers, 1995
    Co-Authors: Xin Meng, Paul W Miller
    Abstract:

    This paper examines gender Wage discrimination in China's newly developed rural industrial sector. The different occupational distributions of men and women are shown to be partly due to discrimination in occupational assignment by the community authorities, but the impact on the gender Wage Differential of this form of discrimination is not as important as Wage discrimination within each occupation. Moreover, it is found that relative to intraoccupational discrimination, interoccupational Wage discrimination is more important than in the United Kingdom, Canada, and Australia. Possible explanations for these phenomena are provided. Copyright 1995 by Royal Economic Society.

Xiaodong Gong - One of the best experts on this subject based on the ideXlab platform.

  • Wage Differentials and mobility in the urban labour market a panel data analysis for mexico
    Labour Economics, 2002
    Co-Authors: Xiaodong Gong, Arthur Van Soest
    Abstract:

    We analyze Wage Differentials mobility between the formal and informal sector in urban Mexico, using panel data on five quarters drawn from Mexico's Urban Employment Survey. We develop a dynamic random effects panel data model. It consists of two separate Wage equations for the two sectors and a multinomial logit part explaining the labor market state,in which Wages are included as explanatory variables. The model is estimated using simulated maximum likelihood. The estimates show that Wage Differentials increase with education level. The probability of formal sector mployment strongly increases with the Wage Differential. Simulated transition probabilities show that for male workers, the choice between formal and informal sector is driven by Wage Differentials and unobserved heterogeneity, while true state dependence is much less important. For women, nonparticipation is the most common labour market state, and true state dependence plays a much larger role.

  • Wage Differentials and mobility in the urban labor market a panel data analysis for mexico
    Social Science Research Network, 2001
    Co-Authors: Xiaodong Gong, Arthur Van Soest
    Abstract:

    We analyze Wage Differentials mobility between the formal and informal sector in urban Mexico, using panel data on five quarters drawn from Mexico's Urban Employment Survey. We develop a dynamic random effects panel data model. It consists of two separate Wage equations for the two sectors and a multinomial logit part explaining the labor market state, in which Wages are included as explanatory variables. The model is estimated using simulated maximum likelihood. The estimates show that Wage Differentials increase with education level. The probability of formal sector employment strongly increases with the Wage Differential. Simulated transition probabilities show that for male workers, the choice between formal and informal sector is driven by Wage Differentials and unobserved heterogeneity, while true state dependence is much less important. For women, nonparticipation is the most common labor market state, and true state dependence plays a much larger role.

Lawrence F Katz - One of the best experts on this subject based on the ideXlab platform.

  • prevailing Wage laws and construction labor markets
    Industrial and Labor Relations Review, 2001
    Co-Authors: Daniel P Kessler, Lawrence F Katz
    Abstract:

    Prevailing Wage laws, which require that construction workers employed by private contractors on public projects be paid Wages and benefits at least equal to those “prevailing†for similar work in or near the locality in which the project is located, have been the focus of an extensive policy debate. The authors, analyzing Current Population Survey data and Census data, find that the relative Wages of construction workers decline slightly after the repeal of a state prevailing Wage law. However, the small overall impact of law repeal masks substantial differences in outcomes for different groups of construction employees. Repeal is associated with a sizable reduction in the union Wage premium and an appreciable narrowing of the black/non-black Wage Differential for construction workers.

  • prevailing Wage laws and construction labor markets
    National Bureau of Economic Research, 1999
    Co-Authors: Daniel P Kessler, Lawrence F Katz
    Abstract:

    Prevailing Wage laws, which require that construction workers employed by private contractors on public projects be paid at least the Wages and benefits that are "prevailing" for similar work in or near the locality in which the project is located, have been the focus of an extensive policy debate. We find that the relative Wages of construction workers decline slightly after the repeal of a state prevailing Wage law. However, the small overall impact of law repeal masks substantial differences in outcomes for different groups of construction employees. Repeal is associated with a sizeable reduction in the union Wage premium and a significant narrowing of the black/nonblack Wage Differential for construction workers.

Toshiaki Takahashi - One of the best experts on this subject based on the ideXlab platform.

  • spatial inequality globalization and footloose capital
    Economic Theory, 2013
    Co-Authors: Toshiaki Takahashi, Hajime Takatsuka, Daozhi Zeng
    Abstract:

    This paper shows the equivalence of spatial inequalities in industrial location and in income by revisiting the home market effect (HME) without any homogeneous good based on a reconstructed footloose capital model. In this simple framework, spatial inequalities in industrial location and in income are the HMEs in terms of firm share and Wage, respectively. We show that the larger country has a more-than-proportionate share of firms and a higher Wage. Furthermore, both the Wage Differential and the industrial location in the larger country evolve in an inverted U-pattern when transport costs decline. Finally, we analytically examine the effects of trade liberalization on the welfare and show that both countries may gain from globalization.

  • spatial inequality globalization and footloose capital
    Social Science Research Network, 2011
    Co-Authors: Toshiaki Takahashi, Hajime Takatsuka, Daozhi Zeng
    Abstract:

    This paper revisits the home market effect (HME) without any homogeneous good by reconstructing the footloose capital model. This simple model analytically reproduces some typical results scattered in the existing literature, and also provides new insights. Firstly, we derive both spatial inequalities in industrial location and in income. They are the home market effect in terms of firm share and Wage: the larger country has a more-than-proportionate share of firms and a higher Wage. These two HMEs are shown to be equivalent. Secondly, both the Wage Differential and the industrial location in the larger country evolve in an inverted U-pattern when transport costs decline. Finally, we analytically examine the effects of trade liberalization on the welfare and show that both countries may gain from globalization.