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The employment elasticity in manufacturing: a rejoinder
Authors:Mazumdar   D.
Affiliation:* University of Toronto
Abstract:The trend in the share of wages is one of the factors affectingemployment elasticity over a specified period of time. Thereare alternative ways of dealing with this trend in a decompositionequation. The method suggested in Mazumdar (2003) might be preferredbecause it yields additional information.
Keywords:Wage trends    Employment-wage trade-off    Labour market institutions    Comparative economic growth
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