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Intersectoral Wage Differentials and the Change of the Composition of Urban Employment in Mexico during 2001-2004

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Author Info
Carlo Alcaraz
Daniel Chiquiar
Manuel Ramos Francia

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Abstract

We estimate wage differentials across different sectors of the Mexican economy. The results suggest that the wage differential between the formal and informal sectors is significant and larger than the differential between industry and services. The findings suggest that significant differences in productivity levels between the formal and informal sectors could exist. This, in turn, might imply that the economy's aggregate productivity could be affected by the increase of the share of informal employment. The results also suggest that the main distortions in the Mexican labor market seem to be related more with labor regulations that affect the allocation of resources between formal and informal activities, than a result of intrinsic characteristics of the production processes in the industrial and service sectors.

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File URL: http://www.banxico.org.mx/documents/%7B0FB6F632-F535-A5B5-6639-42F81A273FE8%7D.pdf
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Publisher Info
Paper provided by Banco de México in its series Working Papers with number 2008-06.

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Date of creation: Jul 2008
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Handle: RePEc:bdm:wpaper:2008-06

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Web page: http://www.banxico.org.mx
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Related research
Keywords: Informal Sector; Productivity; Labor Market Distortions;

Find related papers by JEL classification:
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
O17 - Economic Development, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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This page was last updated on 2009-11-30.


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