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Econometric Models and Evolution of Agrarian and non Agrarian Employment in OECD Countries, 1950-2000

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  • Guisán, M.C.
  • Expósito, P.

Abstract

We 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.

Suggested Citation

  • Guisán, M.C. & Expósito, P., 2004. "Econometric Models and Evolution of Agrarian and non Agrarian Employment in OECD Countries, 1950-2000," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 4(1), pages 123-138.
  • Handle: RePEc:eaa:aeinde:v:4:y:2004:i:1_8
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    File URL: http://www.usc.es/economet/reviews/aeid418.pdf
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    References listed on IDEAS

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    1. David Card & Francis Kramarz & Thomas Lemieux, 1999. "Changes in the Relative Structure of Wages and Employment: A Comparison of the United States, Canada, and France," Canadian Journal of Economics, Canadian Economics Association, vol. 32(4), pages 843-877, August.
    2. Robert E. Lipsey, 1995. "Outward Direct Investment and the U.S. Economy," NBER Chapters,in: The Effects of Taxation on Multinational Corporations, pages 7-42 National Bureau of Economic Research, Inc.
    3. Guisan, M.Carmen & Aguayo, Eva & Exposito, Pilar, 2001. "Economic growth and cycles: Cross-country models of education, industry and fertility and international comparisons," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(1), pages 9-37.
    4. Stéphane Dées, 1999. "The Role of External Variables in the Chinese Economy," Working Papers 1999-09, CEPII research center.
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    More about this item

    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, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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