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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.

Suggested Citation

  • Taborda, Rodrigo & Guataqui, Juan Carlos, 2011. "Manufacturing Employment and Wage Differentials After Structural Adjustment Reforms in Colombia: An Efficiency Wages Approach," Revista Lecturas de Economía, Universidad de Antioquia, CIE, June.
    • Handle: RePEc:col:000174:008973
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    References listed on IDEAS

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    More about this item

    Keywords

    Salarios de eficiencia; rotación laboral; industria manufacturera; Colombia;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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