Journal article
Labor demand and economic development policy
- Abstract:
- Neoclassical theory presumes that the demand for labor is a function of its real wage. Many local development agencies have taken this proposition as an article of faith, designing policies that effectively lower the real cost of labor. Empirical evidence for the textiles and electronics industries in a set of states in the USA provides only limited support for this theory and its implied policy menu. Alternative models of the demand for labor are explored, including neo-Keynesian fixed-price quantity-adjustment models. Analysis is based on a set of time-series adjustment models which emphasize the dynamics of labor demand.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
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- Publisher copy:
- 10.1068/c020045
Authors
- Publisher:
- Pion Ltd.
- Journal:
- Environment and Planning C: Government and Policy More from this journal
- Volume:
- 2
- Issue:
- 1
- Pages:
- 45-55
- Publication date:
- 1984-01-01
- DOI:
- EISSN:
-
1472-3425
- ISSN:
-
0263-774X
- Language:
-
English
- Keywords:
- Subjects:
- UUID:
-
uuid:06a49e8d-2c83-4653-853f-bd513bbbb34c
- Local pid:
-
ora:2028
- Deposit date:
-
2008-06-02
- ARK identifier:
Terms of use
- Copyright holder:
- Pion Ltd
- Copyright date:
- 1984
- Notes:
- The full-text of this article is not available in ORA. Citation: Clark, G. L. (1984). 'Labor demand and economic development policy', Environment and Planning C: Government and Policy, 2(1), 45-55. [Available at http://www.envplan.com/C.html].
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