Nothing Special   »   [go: up one dir, main page]

  EconPapers    
Economics at your fingertips  
 

The role of sectoral growth patterns in labor market development

Francisco Javier Arias-Vazquez , Jean Lee () and David Newhouse

No 6250, Policy Research Working Paper Series from The World Bank

Abstract: This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries is susceptible to a resource curse, and grows rapidly in response to manufacturing and export manufacturing growth. Within Brazil, Indonesia, and Mexico, the effects of different sectoral growth patterns are context dependent, but differences in sectoral growth effects on employment and wages are substantially reduced in states or provinces with higher measured labor mobility. Consistent with this, aggregate employment and wage effects of growth by sector are close to uniform when examined over longer time horizons, after labor has an opportunity to adjust across sectors. The results reinforce the importance of growth in more labor-intensive sectors, and suggest that job mobility may be an important mechanism to diffuse the benefits of capital-intensive growth.

Keywords: Labor Policies; Labor Markets; Economic Theory&Research; Achieving Shared Growth; Banks&Banking Reform (search for similar items in EconPapers)
Date: 2012-10-01
New Economics Papers: this item is included in nep-lab, nep-lam and nep-sea
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www-wds.worldbank.org/external/default/WDSC ... ered/PDF/wps6250.pdf (application/pdf)

Related works:
Working Paper: The Role of Sectoral Growth Patterns in Labor Market Development (2012) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:6250

Access Statistics for this paper

More papers in Policy Research Working Paper Series from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Roula I. Yazigi ().

 
Page updated 2024-12-28
Handle: RePEc:wbk:wbrwps:6250