The Effects of Transaction Costs on Labor Market Participation and Earnings: Evidence from Rural Philippine Markets

Leonardo Lanzona and R.E. Evenson

Working Papers from Yale - Economic Growth Center

Abstract: The paper aims to measure transaction costs and its effects on labor market participation and on wage earnings. The observed differences between buying and sellin gprices of rice across households are used to calculate transaction costs indices for villages which are incorporated into the standard labor market participation and Mincer wage equations. The estimates indicate that transaction costs may be a source of the income differentials between (a) the landed and the landless, (b) the rural and the urban areas, and (c) the males and the females.

Keywords: LABOUR MARKET; PHILIPPINES; TRANSACTION COSTS (search for similar items in EconPapers)
JEL-codes: J20 L14 (search for similar items in EconPapers)
Pages: 25 pages
Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (4)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: The Effects of Transaction Costs on Labor Market Participation and Earnings: Evidence from Rural Philippines Markets (1997)
Working Paper: The Effects of Transactions Costs on Labor Market Participation and Earnings: Evidence from Rural Philippine Markets (1997)
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:fth:yalegr:790

Access Statistics for this paper

More papers in Working Papers from Yale - Economic Growth Center U.S.A.; YALE UNIVERSITY, ECONOMIC GROWTH CENTER, YALE STATION NEW-HAVEN CONNECTICUT 06520 U.S.A. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().