Labor Movement and Economic Contribution: Evidence from Europe

Wannaphong Durongkaveroj and Chamaiporn Roongsaprangsee

MPRA Paper from University Library of Munich, Germany

Abstract: A movement of labor across sectors is the familiar scenario in every country. Labor generally moves from relatively low-paid sector to relatively high-paid sector. The purpose of this study is to estimate the effect of a change in employment in agricultural, industrial, and service sector on economic performance through panel data analysis. The result reveals that only a movement in industrial sector positively contributes to the economy which leads to the integrated policy aimed at improving the condition in manufacturing sector.

Keywords: labor movement; economic growth; panel data (search for similar items in EconPapers)
JEL-codes: J43 J60 O53 (search for similar items in EconPapers)
Date: 2014-05-13
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