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An Econometric Model of Employment in Zimbabwe's Manufacturing Industries

Almas Heshmati|Mkhululi Ncube
경제연구소 (Hanyang Economic Research Institute)|2004.12|Journal of Economic Development|제29권 제2호|pp. 107-130

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참고문헌

주제분류경제학

초록

Abstract

This paper is concerned with the estimation of employment relationship and employment efficiency under production risk using a panel of Zimbabwe’s manufacturing industries. A flexible labour demand function is used consisting of two parts: the traditional labour demand function and labour demand variance function. Labour demand is a function of wages, output, quasi-fixed inputs and time variables. The variance function is a function of the determinants of labour demand and a number of production and policy characteristic variables. Estimation of industry and time-varying employment efficiency is also considered. The empirical results show that the average employment efficiency is 92%.

참고문헌 (20)

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