Regional Wage Determination in Great Britain
This paper investigates the determinants of regional wages in Britain using annual data from the New Earnings Survey over the period 1974-1989. Separate wage equations are estimated for male and female workers, for manuals and non-manuals and for manufacturing industry as against non-manufacturing. The main conclusions are that local laboour market conditions (as measured by the regional unemployment rate) have a significant impact on wages only in the case of manual men. In the case of these workers we find that the relationship between wages and unemployment is best fitted by a double logarithmic form, which in turn implies that a 10 per cent reduction in the variance of male annual unemployment rates across regions could be associated with a 5 per cent fall in the average unemployment rate of this group. Differences in the wage rates of non-manual men and women across regions appears to have more to do with differences in the cost-of-living (and especially house prices) suggesting that the labour market for these groups is national rather than local in character.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||Jul 1991|
|Date of revision:|
|Contact details of provider:|| Web page: http://cep.lse.ac.uk/_new/publications/series.asp?prog=CEP |
When requesting a correction, please mention this item's handle: RePEc:cep:cepdps:dp0047. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.