Explaining Growth and Inequality in Factor Income: The Philippines Case

Hyun Son ()
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Hyun Son: Asian Development Bank

No 120, ADB Economics Working Paper Series from Asian Development Bank

Abstract: This paper analyzes the relationship between growth and inequality of factor income in the Philippines, focusing on the role played by the labor market. It proposes a decomposition methodology that explores linkages between growth in income and labor market performance in terms of labor force participation, employment, working hours, and productivity. This paper introduces a methodology that provides a direct linkage between growth, inequality, and labor market characteristics. It provides empirical analysis using both the Family Income and Expenditure Survey and Labor Force Survey, covering the period 1997–2003.

Keywords: employment; growth; inequality; labor market; Philippines (search for similar items in EconPapers)
JEL-codes: D31 J21 O15 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2008-08-01
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Persistent link: https://EconPapers.repec.org/RePEc:ris:adbewp:0120

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