Labor Demand and Economic Development Policy

G L Clark
Additional contact information
G L Clark: Department of Geography, The University of Chicago, Chicago, I L 60637, USA

Environment and Planning C, 1984, vol. 2, issue 1, 45-55

Abstract: Neoclassical theory presumes that the demand for labor is a function of its real wage. Many local development agencies have taken this proposition as an article of faith, designing policies that effectively lower the real cost of labor. Empirical evidence for the textiles and electronics industries in a set of states in the USA provides only limited support for this theory and its implied policy menu. Alternative models of the demand for labor are explored, including neo-Keynesian fixed-price quantity-adjustment models. Analysis is based on a set of time-series adjustment models which emphasize the dynamics of labor demand.

Date: 1984
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1068/c020045 (text/html)

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:sae:envirc:v:2:y:1984:i:1:p:45-55

DOI: 10.1068/c020045

Access Statistics for this article

More articles in Environment and Planning C
Bibliographic data for series maintained by SAGE Publications ().