Downsizing, wage inequality and welfare in a developing economy

被引：6

作者：

Beladi, Hamid ^{[1
]}

Chao, Chi-Chur ^{[2
]}

机构：

[1] Univ Texas San Antonio, Coll Business, Dept Econ, San Antonio, TX 78249 USA

[2] Chinese Univ Hong Kong, Dept Econ, Shatin, Hong Kong, Peoples R China

来源：

RESEARCH IN ECONOMICS | 2010年 / 64卷 / 04期

关键词：

Downsizing; Wage inequality; Unemployment;

D O I：

10.1016/j.rie.2010.06.004

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper focuses on the cost cutting effects of firm downsizing in a developing economy. Using a dualistic production structure to depict a developing economy, the impacts of downsizing on wage inequality and social welfare are examined. Downsizing is revealed to not only narrow the wage gap between skilled and unskilled labor but also to raise the level of manufactured output and reduce the unemployment ratio in the urban sector. These effects improve the social welfare of the economy. (c) 2010 Published by Elsevier Ltd on behalf of University of Venice.

引用

页码：224 / 228

页数：5

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