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Manufacturing Employment and Wage Differentials After Structural Adjustment Reforms in Colombia: An Efficiency Wages Approach

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  • Taborda, Rodrigo

    ()

  • Guataqui, Juan Carlos

    ()

Abstract

Resumen: Una de las políticas más importantes en el proceso de reformas estructurales en Colombia a principios de la deécada de 1990 fue la reducción de las rigideces en el mercado laboral. Una posición para evaluar los resultados de tales reformas es analizar la relación entre empleo de las firmas y diferencial salarial antes y después de las reformas. Si las reformas laborales implementadas conjuntamente con la apertura económica lograron su objetivo de mayor flexibilidad en el mercado laboral, el nivel de empleo debió haber cambiado más rápido, conjuntamente con el comportamiento de los salarios y otros costos laborales, contabilizando porlas características de las firmas y de la economía. Este documento aborda este tema proponiendo un modelo de diferenciales salariales y crecimiento de empleo, y prueba esta relación entre los períodos de reforma, controlando por características de la industria y el empleo. Un resultado es la confirmación de una relación positiva entre el diferencial de salario intra-industrial y el cambio en el empleo neto. Para el diferencial salarialinter-industrial, se encuentran respuestas heterogéneas dependiendo de la industria y una reducción en la rotación laboral autónoma.

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File URL: http://aprendeenlinea.udea.edu.co/revistas/index.php/lecturasdeeconomia/article/view/9995/9222
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Bibliographic Info

Article provided by UNIVERSIDAD DE ANTIOQUIA - CIE in its journal REVISTA LECTURAS DE ECONOMÍA.

Volume (Year): (2011)
Issue (Month): ()
Pages:

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Handle: RePEc:col:000174:008973

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Keywords: Salarios de eficiencia; rotación laboral; industria manufacturera; Colombia;

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  1. Konings, Jozef & Walsh, Patrick P, 1994. "Evidence of Efficiency Wage Payments in UK Firm Level Panel Data," Economic Journal, Royal Economic Society, vol. 104(424), pages 542-55, May.
  2. Ana María Iregui B. & Ligia Alba Melo B. & María Teresa Ramírez G., . "Downward Wage Rigidities and Other Firms’ Responses to an Economic Slowdown: Evidence from a Survey of Colombian Firms," Borradores de Economia 612, Banco de la Republica de Colombia.
  3. Juan Carlos Echeverry & Mauricio Santamaria, 2004. "The Political Economy Of Labor Reform In Colombia," DOCUMENTOS CEDE 003618, UNIVERSIDAD DE LOS ANDES-CEDE.
  4. Adriana Kugler, 2004. "The Effect of Job Security Regulations on Labor Market Flexibility: Evidence from the Colombian Labor Market Reform," NBER Working Papers 10215, National Bureau of Economic Research, Inc.
  5. Campbell, Carl M, III, 1993. "Do Firms Pay Efficiency Wages? Evidence with Data at the Firm Level," Journal of Labor Economics, University of Chicago Press, vol. 11(3), pages 442-70, July.
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