Distortions in the Factor Market.Models and Realities
Gunnar FLIoYSTAD
Additional contact information
Gunnar FLIoYSTAD: Business Administration, Bergen (Norway).
The Pakistan Development Review, 1982, vol. 21, issue 1, 19-48
Abstract:
This paper confronts the theory of distortions in the factor market with empirical evidence. It is generally concluded that there would not be much to gain in terms of increased production for the economy as a whole from a technically efficient reallocation of labour and capital between industries. However, distortions in the factor market may be of importance in some sectors of the economy which means that imperfections in the factor market should be of concern for economic policy.
Date: 1982
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.pide.org.pk/pdf/PDR/1982/Volume1/19-48.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pid:journl:v:21:y:1982:i:1:p:19-48
Access Statistics for this article
More articles in The Pakistan Development Review from Pakistan Institute of Development Economics Contact information at EDIRC.
Bibliographic data for series maintained by Khurram Iqbal ().