Agrarian efficiency wages in a dual economy

被引:10
作者
Bose, G
机构
[1] Department of Economics, American University in Cairo, 11511 Cairo
关键词
efficiency wage; rural-urban migration; dual economy;
D O I
10.1016/0304-3878(95)00066-6
中图分类号
F [经济];
学科分类号
02 ;
摘要
Suppose that the long-term efficiency of agricultural workers is sensitive to current wages via consumption. Also assume that urban wages are higher, migration is costly, and agricultural workers do not have access to credit. Then changes in components of the urban wage structure effect components of the rural wage distribution in a selective and perverse fashion. Intuitively, a higher rural wage facilitates saving and thus makes it easier for workers to migrate to the urban sector. But this deprives the rural employer of long-term efficiency gains which motivates the higher wage payment. Thus when urban wages increase and migration becomes correspondingly more attractive, rural employers reduce their wage offers. This intuition is generalised by considering diverse worker types and various initial wage distributions.
引用
收藏
页码:371 / 386
页数:16
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