Citation
Khan, Muhammad Zaheer and Said, Rusmawati and Hafeez, Amtul and Maqsood, Naila and Qadir, Farheen
(2022)
Asymmetries in the labor demand in Pakistan: estimating own and cross wage elasticities using frictional probit model.
Montenegrin Journal of Economics, 18 (4).
31 - 37.
ISSN 1800-5845; ESSN: 1800-6698
Abstract
The objective of this study is to estimate asymmetries in the labor demand across industrial sectors in Pakistan and determine whether the behavioral economic explanation can be used for the labor demand structure and low employment generation in the country. This is done by estimating own and cross-wage elasticities of labor demand for workers categories in 3 different skill levels. Frictional panel Probit estimates indicate that the labor demand structure and low employment generation can be explained in terms of endowment effect and risk averting behavior of the country's industrial sectors.
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Official URL or Download Paper: https://mnje.com/Archive/2022/Vol.%2018,%20No.%204
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Additional Metadata
| Item Type: | Article |
|---|---|
| Divisions: | School of Business and Economics |
| DOI Number: | https://doi.org/10.14254/1800-5845/2022.18-4.3 |
| Publisher: | Economic Laboratory Transition Research Podgorica |
| Keywords: | Asymmetries; Labor demand; Pakistan |
| Depositing User: | Ms. Nur Faseha Mohd Kadim |
| Date Deposited: | 24 Nov 2023 09:14 |
| Last Modified: | 24 Nov 2023 09:14 |
| Altmetrics: | http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.14254/1800-5845/2022.18-4.3 |
| URI: | http://psasir.upm.edu.my/id/eprint/100503 |
| Statistic Details: | View Download Statistic |
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