Panel Data Estimates of the Production Function and Product and Labor Market Imperfections

The perspective gender wage gap weakens the labor market and deteriorates women’s life quality. Women not only receive lower salaries than men, but also have lower employment rate in many countries due to discrimination. The aims of this study was to analyze gender wage gap by using the 2008-2016 panel data from 34 province in Indonesia. This study used derivatives canonical model in CES production function form to identify gender wage gap and elasticity substitution to observe the ability of female worker substitution of male labor in two group level education. The result of the regression panel consistently indicate that the gender wage gap exists in Indonesia.

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Market Imperfections and Income Distribution

The B E Journal of Economic Analysis & Policy ◽

10.1515/bejeap-2015-0071 ◽

2016 ◽

Vol 16 (2) ◽

pp. 1147-1167

Author(s):

Ensar Yılmaz

Keyword(s):

Labor Market ◽

Income Inequality ◽

Income Distribution ◽

Labor Markets ◽

Wage Rate ◽

Consumption Patterns ◽

Market Imperfections ◽

Luxury Goods ◽

Sector Model ◽

Two Sectors

Abstract This paper aims to search links between market imperfections and functional income distribution. For this purpose we construct a two-sector model – wage goods and luxury goods producing sectors – incorporating imperfections of the product and labor markets under income inequality. In a structure with interdependent and partially monopolistic and competitive markets, we analytically trace up the effects of the changes in power relations proxied by the degree of mark-ups in the product and labor market. The model shows that price and wage mark-ups in two sectors have crucial income distribution implications for the agents in the economy to varying extents. It also demonstrates the effect of the existence of the differentiated consumption patterns arising from income inequality on income distribution. Furthermore, it seems that unemployment level creates externalities on wage rate and on corporate taxes of firms.

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Workers at Risk: Panel Data Evidence on the COVID-19 Labor Market Crisis in India

10.1596/1813-9450-9584 ◽

2021 ◽

Author(s):

Maurizio Bussolo ◽

Ananya Kotia ◽

Siddharth Sharma

Keyword(s):

At Risk ◽

Labor Market ◽

Panel Data

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Can Labor Market Imperfections Explain Changes in the Inverse Farm Size—Productivity Relationship? Longitudinal Evidence from Rural India

10.1596/1813-9450-7783 ◽

2016 ◽

Cited By ~ 3

Author(s):

Klaus Deininger ◽

Songqing Jin ◽

Yanyan Liu ◽

Sudhir K. Singh

Keyword(s):

Labor Market ◽

Market Imperfections ◽

Farm Size ◽

Rural India

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Educational Mismatch and Skill Mismatch in the Youth Labor Market: Panel Evidence from South Korea

African and Asian Studies ◽

10.1163/15692108-12341435 ◽

2019 ◽

Vol 18 (4) ◽

pp. 342-361

Author(s):

Kihong Park ◽

Jesus Hernandez Arce

Keyword(s):

Labor Market ◽

Panel Data ◽

South Korea ◽

Small Proportion ◽

Panel Survey ◽

Educational Mismatch ◽

Skill Mismatch ◽

Wage Effect ◽

Youth Labor Market ◽

Wage Effects

Abstract Most prior research on labor market mismatch was constrained by the unavailability of data on skill mismatch and also the absence of panel data which would provide controls for unmeasured heterogeneity. This paper makes use of the panel element of Korea Labor & Income Panel Survey (KLIPS) data and identifies the wage effects of educational mismatch and skill mismatch both separately and jointly. It clearly shows that only a small proportion of the wage effect of educational mismatch is accounted for by skill mismatch, suggesting a relatively weak relation between educational mismatch and skill mismatch. In the analysis appropriate panel methodology produces much weaker estimates of the relevant coefficients than the pooled OLS model. This result indicates that unobserved individual-specific characteristics play a substantial role in the way in which mismatch effects are determined.

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