The size and sources of economic rents in a developing country manufacturing labour market
The size of rents to labour in a developing country urban labour market is documented in this paper. The data set used enables the relative importance of unions, firm size, profitability, ownership and firm age to be assessed. It is shown that all these factors affect earnings providing strong support for a rent sharing theory of wage determination in a developing country similar to much recent evidence for developed country labour markets.
|Date of creation:||1995|
|Date of revision:|
|Publication status:||Published in Economic Journal, 106(437), July 1996, pp963-969|
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