Econometric Models and Evolution of Agrarian and non Agrarian Employment in OECD Countries, 1950-2000
AbstractWe present some econometric models of agrarian and non agrarian employment in OECD countries, and analyse the evolution of employment in European Union and the USA and other areas in the period 1960-2000. Data show that wages are lower in EU than in the USA and in spite of that rates of employment are lower. Our main conclusion is that EU policies should be more focused to improve higher wages and rates of employment like in the USA.
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Bibliographic InfoArticle provided by Euro-American Association of Economic Development in its journal Applied Econometrics and International Development.
Volume (Year): 4 (2004)
Issue (Month): 1 ()
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Find related papers by JEL classification:
- C5 - Mathematical and Quantitative Methods - - Econometric Modeling
- J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
- J4 - Labor and Demographic Economics - - Particular Labor Markets
- O51 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
- O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
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