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Labor demand and economic development policy

Abstract:

Neoclassical theory presumes that the demand for labor is a function of its real wage. Many local development agencies have taken this proposition as an article of faith, designing policies that effectively lower the real cost of labor. Empirical evidence for the textiles and electronics industries in a set of states in the USA provides only limited support for this theory and its implied policy menu. Alternative models of the demand for labor are explored, including neo-Keynesian fixed-price...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1068/c020045

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Institution:
University of Oxford
Division:
SSD
Department:
SOGE
Sub department:
Geography
Research group:
Transformations: Economy, Society and Place
Oxford college:
St Peter's College
Role:
Author
Publisher:
Pion Ltd. Publisher's website
Journal:
Environment and Planning C: Government and Policy Journal website
Volume:
2
Issue:
1
Pages:
45-55
Publication date:
1984-01-01
DOI:
EISSN:
1472-3425
ISSN:
0263-774X
Language:
English
Keywords:
Subjects:
UUID:
uuid:06a49e8d-2c83-4653-853f-bd513bbbb34c
Local pid:
ora:2028
Deposit date:
2008-06-02

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