A Decomposition of Growth of the Real Wage Rate for South Africa: 1970-2000

Dipak Mazumdar and Dirk van Seventer ()
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Dirk van Seventer: Trade and Industrial Policy Strategies

Working Papers from University of Cape Town, Development Policy Research Unit

Abstract: This paper examines the potential trade-off between growth in employment and growth in wages. In order to assess the trade-off between employment growth and real wage growth, we make use of a simple decomposition model, following Mazumdar (2000), in which real wage growth is determined by growth in real value added, employment growth, a trend in the wage share of value added and a relative price effect.

Keywords: South Africa: real wage growth; 'price effect'; labour; skill group (search for similar items in EconPapers)
JEL-codes: A1 (search for similar items in EconPapers)
Pages: 46 pages
Date: 2002-03
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Citations: View citations in EconPapers (5)

Published in Working Paper Series by the Development Policy Research Unit, March 2002, pages 1-46

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http://hdl.handle.net/11427/7204 First version, 2002 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:ctw:wpaper:02063

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