A Decomposition of Growth of the Real Wage Rate for South Africa: 1970-2000
AbstractThis paper examines the potential trade-off between growth in employment and growth in wages. In order to assess the trade-off between employment growth and real wage growth, we make use of a simple decomposition model, following Mazumdar (2000), in which real wage growth is determined by growth in real value added, employment growth, a trend in the wage share of value added and a relative price effect.
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Bibliographic InfoPaper provided by University of Cape Town, Development Policy Research Unit in its series Working Papers with number 02063.
Length: 46 pages
Date of creation: Mar 2002
Date of revision:
Publication status: Published in Working Paper Series by the Development Policy Research Unit, March 2002, pages 1-46
South Africa: real wage growth; 'price effect'; labour; skill group;
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- A1 - General Economics and Teaching - - General Economics
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- Sparrow, G.N. & Ortmann, Gerald F. & Lyne, Michael C. & Darroch, Mark A.G., 2008. "Determinants of the demand for regular farm labour in South Africa, 1960-2002," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 47(1), March.
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