Minimum Wages, Relative Wages, and Productivity: An Empirical Analysis on Indonesia Food and Beverage Industry
نویسندگان
چکیده
منابع مشابه
Wages and Productivity Growth
We describe the evolution of productivity growth in a competitive industry with free entry and exit. The exogenous wage rate determines the firms’ engagement in labor productivity enhancing process innovation. There is a unique steady state of the industry dynamics, which is globally asymptotically stable. In the steady state, the number of active firms, their unit labor cost and supply depend ...
متن کاملMinimum Wages and Employment
We review the burgeoning literature on the employment effects of minimum wages – in the United States and in other countries – that was spurred by the new minimum wage research beginning in the early 1990s. Our review indicates that there is a wide range of existing estimates and, accordingly, a lack of consensus about the overall effects on low-wage employment of an increase in the minimum wag...
متن کاملMinimum Wages and Poverty
Textbook analysis tells us that in a competitive labor market, the introduction of a minimum wage above the competitive equilibrium wage will cause unemployment. This paper makes two contributions to the basic theory of the minimum wage. First, we analyze the effects of a higher minimum wage in terms of poverty rather than in terms of unemployment. Second, we extend the standard textbook model ...
متن کاملDiscussion of Labour-Productivity Growth and Relative Wages: 1978-1994
Philip Lowe’s paper raises several interesting and overlapping issues which merit discussion. The experiences described for productivity in Australia have both similarities and dissimilarities with the experience of other countries. If we look at the restructuring phases in recent years in both the United Kingdom and New Zealand, for example, they are characterised by substantial increases in l...
متن کاملwages, incentives and productivity linkage
almost every experinced manager has been faced with the necessity of dealing with the problems of productivity in connection with wages and salaries. during the last two decades, governments, cultural centers, managers and ::::union::::s have focused their attention on productivity as an important subject and there have been many articles emphasizing the linkage between wages and productivity a...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Universal Journal of Accounting and Finance
سال: 2021
ISSN: 2331-9712,2331-9720
DOI: 10.13189/ujaf.2021.090104