Inter-Industry Wage Differentials in Greece: Evidence from Quantile Regression Analysis

Papapetrou, Evangelia; Tsalaporta, Pinelopi

doi:10.1080/10168737.2016.1245351

Cited by 6 publications

(5 citation statements)

References 19 publications

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“…Krueger and Summers (1988) also show that a wage gap occurs for workers with identical characteristics and similar working conditions. Many research findings have confirmed similar findings (Du Caju et al, 2010;Papapetrou & Tsalaporta, 2017;Wang et al, 2018). The latest study is based on Slichter (1950) and conducted by Menezes & Raposo (2011).…”

Section: Introductionsupporting

confidence: 62%

Who get paid higher? A study on wages decomposition between manufacturing and non-manufacturing workers in Indonesia

Ibrahim

Bachtiar²,

Primayesa³

2023

JES

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In 2008, Indonesia became a member of the G20, and it is estimated that in 2030 it will be in the top seventh economic countries if it can keep growing. Nevertheless, high economic growth was followed by an inequality problem. This study will analyze the wage gap between manufacturing and non-manufacturing workers. Using Sakernas 2020 and the Mincer wage model regression, the result showed that all independent variables: age, level of education, gender, region of residence, marital status, toddler, disability status, and certificate training influence wages for both manufacturing and non-manufacturing workers. Next, the Blinder-Oaxaca method decomposes the wage gap between both groups. It is shown that manufacturing workers get higher wages than non-manufacturing workers because of differences in the characteristic of workers and also industry attributes which, in this case, capital intensity.

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Section: Introductionsupporting

confidence: 62%

Who get paid higher? A study on wages decomposition between manufacturing and non-manufacturing workers in Indonesia

Ibrahim

Bachtiar²,

Primayesa³

2023

JES

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“…Nicolitsas (2011) finds important inter-industry wage differentials even after controlling for employer and employee characteristics. Papapetrou and Tsalaporta (2017) reach a similar conclusion using matched employer-employee data and a methodology that allows them to control for unobserved worker heterogeneity. Their findings offer support to efficiency wage or rentsharing explanations, as they find weak evidence in favour of unobserved heterogeneity due to worker quality.…”

Section: Literature Reviewmentioning

confidence: 66%

“…As regards studies for Greece which look into the sources of wage dispersion, Papapetrou and Tsalaporta (2017) and Nicolitsas (2011) use the Structure of Earnings survey and focus on inter-industry wage differentials. Nicolitsas (2011) finds important inter-industry wage differentials even after controlling for employer and employee characteristics.…”

Section: Literature Reviewmentioning

confidence: 99%

The contribution of industry to the Greek economy: facts and prospects

Vettas¹,

Πέππας²,

Stavraki³

et al. 2020

EconBull

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The scope of the study is to examine the impact of various factors on the growth of Greek industrial firms, in order to identify those that can contribute to a gradual recovery of Industry in the coming years. In this context, we estimate a firm growth model with the Quantile Regression econometric method, using an unbalanced panel dataset of 18,143 companies that were active in Greek Industry over the period 2005-2018. The explanatory variables used are firm-, sectorand macroeconomic environment-specific. Further, we estimate the effects on firm growth from the structural reforms related to business environment and from the sector’s participation in global value chains within or beyond the EU. The estimations highlight the positive effect on firm growth from exports and the reduction in the time and cost required to export, the availability of funding from the banking sector and the stock market, as well as from the reduction in the cost and procedures to start a business. Positive effects also stem from the participation of the faster-growing Greek industrial companies in value chains mainly outside the EU. By contrast, high corporate debt to banks, adverse macroeconomic conditions, energy costs and the participation of businesses other than the faster-growing ones in value chains in EU countries have a negative impact on firm growth. The latter effect is possibly due to the strong competition that these businesses face in the European markets. Some differences appear when estimates are made for the subsamples of high and low performance industrial sectors in terms of economic activity, financial efficiency, innovativeness and extroversion. The study includes policy recommendations based on the results of the estimations, to support growth in Industry. These concern the reduction of energy costs, the change in the depreciation method for investments in machinery and equipment, as well as the financing of the sector.

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“…Based on Koenker and Bassett (1978); Yu et al (2005); Papapetrou and Tsalaporta (2017), this study estimates the θth quantile of the conditional distribution of the dependent variable, which is the wage share given the set of independent variables x denoted Qθ(y|x) = x ' βθ given as equation (1) below:…”

Section: The Modelmentioning

confidence: 99%

Why are wage shares worsening in a competitive economy? A brief review of pays equality and industrial politics

Praptiningsih

2022

IJOBP

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Wage shares have fallen substantially almost all over the world over the past 30 years. This study aims to provide a discussion of the critical elements of wage shares and to undertake a critical review of the empirical papers regarding the issue of the income distribution for labour. This paper investigates the wage share and determinants of 34 countries in 2011. There are two main objectives of this research. Firstly, the paper attempted to analyse the effectiveness of the incentives system, which is more likely to be rigid in the competitive work environment. Secondly, the research has emphasised how workers' behaviour can lead to different incentives payment through a kind of predatory behaviour or later on, we can call it an uncooperative behaviour. These objectives derived from the previous paper result in the adverse selection of worker turnover (Lazear, 1986). The findings confirm that the effect of globalisation through current account balance and the structural policy with tax wedge rate is statistically significant in wage share for those with low wage share (at the 10th per cent quantile) only. However, there is limited evidence that inflation, unemployment, education policy, and unionisation strongly affect the distribution of wages

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Inter-Industry Wage Differentials in Greece: Evidence from Quantile Regression Analysis

Cited by 6 publications

References 19 publications

Who get paid higher? A study on wages decomposition between manufacturing and non-manufacturing workers in Indonesia

Who get paid higher? A study on wages decomposition between manufacturing and non-manufacturing workers in Indonesia

The contribution of industry to the Greek economy: facts and prospects

Why are wage shares worsening in a competitive economy? A brief review of pays equality and industrial politics

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