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The Size and Sources of Economic Rents in a Developing Country Manufacturing Labour Market

Bibliographic Data

ID9719857
AuthorsFrancis Teal (University of Oxford, corresponding author)
Year1996
Volume106
Issue437
Pages963
Publication date1996-07-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.2307/2235367
OpenAlexW2000139601
LanguageEN
Citations received9

The potential sources of rent to labor in a developing country urban labor market are considered in this paper. The data set used enables the relative importance of unions, firm size, profitability, ownership, and firm age to be assessed on the basis of cross-section evidence. It is shown that all these factors affect earnings. A panel-data-based estimation of the importance of the profitability term provides strong support for a rent-sharing theory of wage determination in a developing country similar to much recent evidence for developed country labor markets

Business · Developing country · Earnings · Economic growth · Economic rent · Economics · International economics · Labour economics · Market economy · Market Size · Profitability index · Wage · Finance · Labor market dynamics and wage inequality · Taxation and Compliance Studies

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Unique citing works9
Citations per year0,33
Citation span1999 - 2024 (26)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 9

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