AN ECONOMETRIC MODEL OF EMPLOYMENT IN ZIMBABWE¡¯S MANUFACTURING INDUSTRIES

Almas Heshmati () and Mkhululi Ncube
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Mkhululi Ncube: Gothenburg University

Journal of Economic Development, 2004, vol. 29, issue 2, 107-130

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%.

Keywords: Labour demand; Variance; Efficiency; Manufacturing; Industries; Zimbabwe (search for similar items in EconPapers)
JEL-codes: C23 C51 D24 E24 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:jed:journl:v:29:y:2004:i:2:p:107-130

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