Skip to main content
Top
Published in:
Cover of the book

2015 | OriginalPaper | Chapter

1. The Dimensions of Labor Market in Developing and Transition Countries

Authors : Saibal Kar, Debabrata Datta

Published in: Industrial and Labor Economics

Publisher: Springer India

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

This chapter is an introduction to the readings in labor economics and industrial organization that the academics and practitioners should find interesting and relevant. As the title of the book suggests, the introductory chapter makes a conscious effort to select a number of topics in the interface of the two subject areas with deep connection to the developing and transition countries. Albeit the theoretical and empirical findings draw strongly on the experiences and methods applicable to the developed countries, the topics accommodate issues specifically important for the developing world. Contemporary issues in labor economics, ranging from the labor-market reforms, trade and labor market, to labor contracts in developing countries as part of the industrial organization therein, find emphasis in this chapter to be developed in detail subsequently.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Footnotes
1
Also see Kelley (1994) for Peru, Gindling (1991) for Costa Rica, and Berry (1998) for Latin America in general.
 
2
In a related context, Bester (1989) shows that long-term incentive-compatible wage contracts offer higher utility compared to spot-market wages, and in effect the long-term wage contracts are rationed.
 
Literature
go back to reference Agenor, P. R., and P. Montiel. 1996. Development macroeconomics. Princeton: Princeton University. Press. Agenor, P. R., and P. Montiel. 1996. Development macroeconomics. Princeton: Princeton University. Press.
go back to reference Bautista M. R., H. Lofgren, and M. Thomas. 1998. Does trade liberalisation enhance income growth and equity in Zimbabwe? The role of complementary policies. TMD discussion paper No. 32, Trade and Macroeconomics Division, International Food Policy Research Institute, Washington, DC. Bautista M. R., H. Lofgren, and M. Thomas. 1998. Does trade liberalisation enhance income growth and equity in Zimbabwe? The role of complementary policies. TMD discussion paper No. 32, Trade and Macroeconomics Division, International Food Policy Research Institute, Washington, DC.
go back to reference Berry, A. 1998. Poverty, economic reform and income distribution in Latin America. London: Lynne Rienner. Berry, A. 1998. Poverty, economic reform and income distribution in Latin America. London: Lynne Rienner.
go back to reference Bester, H. 1989. Incentive-compatible long-term contracts and job rationing. Journal of Labor Economics 7 (2): 238–255. Bester, H. 1989. Incentive-compatible long-term contracts and job rationing. Journal of Labor Economics 7 (2): 238–255.
go back to reference Dabla-Norris, Era, Mark Gradstein, and Gabriela Inchauste. 2008. What causes firms to hide output? The determinants of informality. Journal of Development Economics 85:1–27.CrossRef Dabla-Norris, Era, Mark Gradstein, and Gabriela Inchauste. 2008. What causes firms to hide output? The determinants of informality. Journal of Development Economics 85:1–27.CrossRef
go back to reference Fugazza, Marco, and Jean-François Jacques. 2003. Labor market institutions, taxation and the underground economy. Journal of Public Economics 88:395–418.CrossRef Fugazza, Marco, and Jean-François Jacques. 2003. Labor market institutions, taxation and the underground economy. Journal of Public Economics 88:395–418.CrossRef
go back to reference Gindling, T. H. 1991. Labor market segmentation and the determination of wages in the public, private-formal, and informal sectors in San José, Costa Rica. Economic Development and Cultural Change 39 (3): 585–605.CrossRef Gindling, T. H. 1991. Labor market segmentation and the determination of wages in the public, private-formal, and informal sectors in San José, Costa Rica. Economic Development and Cultural Change 39 (3): 585–605.CrossRef
go back to reference Goldberg, P. K., and N. Pavcnik. 2003. The response of the informal sector to trade liberalization. Journal of Development Economics 72 (2): 463–496.CrossRef Goldberg, P. K., and N. Pavcnik. 2003. The response of the informal sector to trade liberalization. Journal of Development Economics 72 (2): 463–496.CrossRef
go back to reference Jullien, B. 2000. Participation constraints in adverse selection models. Journal of Economic Theory 93:1–47.CrossRef Jullien, B. 2000. Participation constraints in adverse selection models. Journal of Economic Theory 93:1–47.CrossRef
go back to reference Kar, S., and S. Marjit. 2001. Informal sector in general equilibrium: Welfare effects of trade policy reform. International Review of Economics and Finance 10:289–300.CrossRef Kar, S., and S. Marjit. 2001. Informal sector in general equilibrium: Welfare effects of trade policy reform. International Review of Economics and Finance 10:289–300.CrossRef
go back to reference Kar, S., and S. Marjit. 2009. Urban informal sector and poverty. International Review of Economics and Finance 18:631–642.CrossRef Kar, S., and S. Marjit. 2009. Urban informal sector and poverty. International Review of Economics and Finance 18:631–642.CrossRef
go back to reference Kelley, B. 1994. The informal sector and the macroeconomy: A computable general equilibrium approach for Peru. World Development 22 (9): 1393–1411.CrossRef Kelley, B. 1994. The informal sector and the macroeconomy: A computable general equilibrium approach for Peru. World Development 22 (9): 1393–1411.CrossRef
go back to reference Lewis, T. R., and Sappington, D. E. 1989. Countervailing incentives in agency problems. Journal of Economic Theory 49:294–313.CrossRef Lewis, T. R., and Sappington, D. E. 1989. Countervailing incentives in agency problems. Journal of Economic Theory 49:294–313.CrossRef
go back to reference Maggi, G., and Rodriguez-Clare, A. 1995. On countervailing incentives. Journal of Economic Theory 66:238–265.CrossRef Maggi, G., and Rodriguez-Clare, A. 1995. On countervailing incentives. Journal of Economic Theory 66:238–265.CrossRef
go back to reference Marjit, S. 2003. Economic reform and informal wage: A general equilibrium analysis. Journal of Development Economics 72 (1): 371–378.CrossRef Marjit, S. 2003. Economic reform and informal wage: A general equilibrium analysis. Journal of Development Economics 72 (1): 371–378.CrossRef
go back to reference Marjit, S., and S. Kar. 2007. Urban informal sector and poverty: Effects of trade reform and capital mobility in India. PEP-MPIA working paper no. 2007–09. Canada. www.pep-net.org. Marjit, S., and S. Kar. 2007. Urban informal sector and poverty: Effects of trade reform and capital mobility in India. PEP-MPIA working paper no. 2007–09. Canada. www.​pep-net.​org.
go back to reference Marjit, S., and S. Kar. 2011. The outsiders: Economic reform and informal labour in a developing economy. New Delhi: Oxford University. Press.CrossRef Marjit, S., and S. Kar. 2011. The outsiders: Economic reform and informal labour in a developing economy. New Delhi: Oxford University. Press.CrossRef
go back to reference McKenzie, David, and Yaye Seynabou Sakho. 2010. Does it pay firms to register for taxes? The impact of formality on firm profitability. Journal of Development Economics 91:15–24.CrossRef McKenzie, David, and Yaye Seynabou Sakho. 2010. Does it pay firms to register for taxes? The impact of formality on firm profitability. Journal of Development Economics 91:15–24.CrossRef
go back to reference Savard, L., and E. Adjovi. 1997. Adjustment, liberalisation and welfare, in the presence of health and education externalities: A CGE applied to Benin. Centre de Recherche en Économie et Finance Appliquées (March), working paper no. 97–07. Savard, L., and E. Adjovi. 1997. Adjustment, liberalisation and welfare, in the presence of health and education externalities: A CGE applied to Benin. Centre de Recherche en Économie et Finance Appliquées (March), working paper no. 97–07.
go back to reference Sethuraman, S.V. 1997. Informal economy in Africa: tThe emerging development challenge, Chapter 13 in ILO (1997) Informal economy in AfricaAfrica’s Informal Economy, ILO, Geneva. Sethuraman, S.V. 1997. Informal economy in Africa: tThe emerging development challenge, Chapter 13 in ILO (1997) Informal economy in AfricaAfrica’s Informal Economy, ILO, Geneva.
go back to reference Straub, S. 2005. Informal sector: The credit market channel. Journal of Development Economics 78:299–321CrossRef Straub, S. 2005. Informal sector: The credit market channel. Journal of Development Economics 78:299–321CrossRef
go back to reference Verick, S. 2006. The impact of globalization on the informal sector in Africa. Addis Ababa: Economic Commission for Africa. Verick, S. 2006. The impact of globalization on the informal sector in Africa. Addis Ababa: Economic Commission for Africa.
go back to reference Xaba, Jantjie, Par Horn, and S. Motala. 2002. Informal sector in Sub-Saharan Africa, Working paper on the informal economy No. 10, International Labour Office, Geneva. Xaba, Jantjie, Par Horn, and S. Motala. 2002. Informal sector in Sub-Saharan Africa, Working paper on the informal economy No. 10, International Labour Office, Geneva.
Metadata
Title
The Dimensions of Labor Market in Developing and Transition Countries
Authors
Saibal Kar
Debabrata Datta
Copyright Year
2015
Publisher
Springer India
DOI
https://doi.org/10.1007/978-81-322-2017-6_1