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Core Labor Standards and Development: Impact on Long-Term Income

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  • Bazillier, Remi

Abstract

The paper focuses on the impact of international core labor standards on long-term per capita income. In order to do that, it is necessary to build a new synthetic indicator of labor standards using multiple correspondence analysis, measuring the four core labor standards recognized by ILO. We propose an estimation of the steady-state per capita income for a large panel ofcountries (104) and then that of developing countries. The two-stage least square method is used to correct potential problems of endogeneity. The findings show that, by and large, countries with higher labor standards have a higher steady-state level.
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  • Bazillier, Remi, 2008. "Core Labor Standards and Development: Impact on Long-Term Income," World Development, Elsevier, vol. 36(1), pages 17-38, January.
  • Handle: RePEc:eee:wdevel:v:36:y:2008:i:1:p:17-38
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    Cited by:

    1. Thierry Baudassé & Rémi Bazillier, 2010. "Migration and Trade Union Rights," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 146(IV), pages 677-707, December.
    2. Delphine Boutin, 2011. "D’une crise à l’autre : Mesurer l’impact des prix alimentaires sur la pauvreté," Larefi Working Papers 1106, Larefi, Université Bordeaux 4.
    3. repec:laf:wpaper:201102 is not listed on IDEAS
    4. Jean-Marie Cardebat & Alexandru Dimitrescu, 2011. "Social Responsibility of the countries and their international trade : A gravitational approach," Larefi Working Papers 1102, Larefi, Université Bordeaux 4.

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