Rent-sharing, Hold-up and Manufacturing Wages in Cote D'ivoire

Rent-sharing, Hold-up and Manufacturing Wages in Cote D'ivoire PDF Author: Jean-Paul Azam
Publisher: World Bank Publications
ISBN:
Category : Corporate profits
Languages : en
Pages : 30

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Book Description
Labor costs in Francophone Africa are considered high by the standards of low-income countries, at least in the formal sector. Workers appear to have some bargaining power and, in Côte d'Ivoire, can force renegotiation of labor contracts in response to new investments.

Rent-sharing, Hold-up and Manufacturing Wages in Cote D'ivoire

Rent-sharing, Hold-up and Manufacturing Wages in Cote D'ivoire PDF Author: Jean-Paul Azam
Publisher: World Bank Publications
ISBN:
Category : Corporate profits
Languages : en
Pages : 30

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Book Description
Labor costs in Francophone Africa are considered high by the standards of low-income countries, at least in the formal sector. Workers appear to have some bargaining power and, in Côte d'Ivoire, can force renegotiation of labor contracts in response to new investments.

Rent-sharing, Hold-up, and Manufacturing Wages in Côte D'Ivoire

Rent-sharing, Hold-up, and Manufacturing Wages in Côte D'Ivoire PDF Author: Jean-Paul Azam
Publisher:
ISBN:
Category : Bargaining
Languages : en
Pages : 24

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Book Description
May 2001 - Labor costs in Francophone Africa are considered high by the standards of low-income countries, at least in the formal sector. Workers appear to have some bargaining power and, in Côte d'Ivoire, can force renegotiation of labor contracts in response to new investments. Labor costs in Francophone Africa are considered high by the standards of low-income countries, at least in the formal sector. Are they a brake on industrialization or the result of successful enterprise development? Are they imposed on firms by powerful unions or government regulations, or a by-product of good firm performance? Azam and Ris empirically analyze what determines manufacturing wages in Côte d'Ivoire, using an unbalanced panel of individual wages that allows them to control for observable firm-specific effects. They test the rent-sharing and hold-up theories of wage determination, as well as some aspects of efficiency-wage theories. Their results lean in favor of both rent-sharing and hold-up, suggesting that workers have some bargaining power and that in Côte d'Ivoire workers can force renegotiation of labor contracts in response to new investments. This paper--a product of Public Services for Human Development, Development Research Group--is part of a larger effort in the group to understand the impact of labor market policies and institutions on economic performance. The study was funded by the Bank's Research Support Budget under the research project "The Impact of Labor Market Policies and Institutions on Economic Performance" (RPO 680-96). Jean-Paul Azam may be contacted at [email protected].

Rent-sharing, hold up, and manufacturing sector wages in Cote d'Ivoire

Rent-sharing, hold up, and manufacturing sector wages in Cote d'Ivoire PDF Author: Jean Paul Azam
Publisher:
ISBN:
Category :
Languages : fr
Pages : 24

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Rent-Sharing, Hold-Up, and Manufacturing Wages in Cote D'Ivoire

Rent-Sharing, Hold-Up, and Manufacturing Wages in Cote D'Ivoire PDF Author: Jean-Paul Azam
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

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Book Description
Labor costs in Francophone Africa are considered high by the standards of low-income countries, at least in the formal sector. Workers appear to have some bargaining power and, in Cote d'Ivoire, can force renegotiation of labor contracts in response to new investments.Labor costs in Francophone Africa are considered high by the standards of low-income countries, at least in the formal sector. Are they a brake on industrialization or the result of successful enterprise development? Are they imposed on firms by powerful unions or government regulations, or a by-product of good firm performance?Azam and Ris empirically analyze what determines manufacturing wages in Cote d'Ivoire, using an unbalanced panel of individual wages that allows them to control for observable firm-specific effects. They test the rent-sharing and hold-up theories of wage determination, as well as some aspects of efficiency-wage theories.Their results lean in favor of both rent-sharing and hold-up, suggesting that workers have some bargaining power and that in Cote d'Ivoire workers can force renegotiation of labor contracts in response to new investments.This paper - a product of Public Services for Human Development, Development Research Group - is part of a larger effort in the group to understand the impact of labor market policies and institutions on economic performance. The study was funded by the Bank's Research Support Budget under the research project quot;The Impact of Labor Market Policies and Institutions on Economic Performancequot; (RPO 680-96).

Rent-sharing, Hold-up, and Manufacturing Wages in Côte D'Ivoire

Rent-sharing, Hold-up, and Manufacturing Wages in Côte D'Ivoire PDF Author: Jean-Paul Azam
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Rent-sharing, Hold Up, and Manufacturing Sector Wages in Côte D.Ivoire

Rent-sharing, Hold Up, and Manufacturing Sector Wages in Côte D.Ivoire PDF Author: Jean-Paul Azam
Publisher:
ISBN:
Category : Corporate profits
Languages : en
Pages : 24

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Book Description
Labor costs in Francophone Africa are considered high by the standards of low-income countries, at least in the formal sector. Workers appear to have some bargaining power and, in Côte d'Ivoire can force renegotiation of labor contracts in response to new investments.

The World Bank Research Program 2001

The World Bank Research Program 2001 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 9780821350423
Category : Political Science
Languages : en
Pages : 186

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Book Description
This publication is a compilation of reports on research projects initiated, under way, or completed in fiscal year 2001 (July 1, 2000 through June 30, 2001). The abstracts cover 150 research projects from the World Bank and grouped under 11 major headings including poverty and social development, health and population, education, labor and employment, environment, infrastructure and urban development, and agriculture and rural development. The abstracts detail the questions addressed, the analytical methods used, the findings to date and their policy implications. Each abstract identifies the expected completion date of each project, the research team, and reports or publications produced.

Labor Market Distortions in Côte D'Ivoire

Labor Market Distortions in Côte D'Ivoire PDF Author: Nicolai Kristensen
Publisher: World Bank Publications
ISBN:
Category : Labor market
Languages : en
Pages : 45

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Book Description
"The authors investigate the extent and nature of distortions in the labor market in the Republic of Côte d'Ivoire by using quantile regression analysis on employer-employee data from the manufacturing sector. They find that the labor markets in Côte d'Ivoire do not seem to be much distorted. Unions may influence employment through tenure but do not seem to influence wages directly except for vulnerable minorities that seem protected by unions. Establishment-size wage effects are pronounced and highest for white-collar workers. This may be explained by the efficiency wage theory, so that, even in the absence of unions, segmentation and inefficiencies will still be present as long as firms seek to retain their employees by paying wages above the market clearing level. The inefficiency arising from establishment-size wage effects can be mitigated by education. Furthermore, the authors find that the premium to education is highly significantly positive only for higher education, and not for basic education, indicating that educational policies should also focus on higher education. "--World Bank web site.

The World Bank Research Observer

The World Bank Research Observer PDF Author:
Publisher:
ISBN:
Category : Computer network resources
Languages : en
Pages : 904

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International Labour Documentation

International Labour Documentation PDF Author: International Labour Office. Bureau of Library and Information Services
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 480

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Book Description