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Democracies pay higher wages

Author: Dani Rodrik; National Bureau of Economic Research.
Publisher: Cambridge, MA : National Bureau of Economic Research, ©1998.
Series: Working paper series (National Bureau of Economic Research), working paper no. 6364.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
Controlling for labor productivity, income levels, and other possible determinants, there is a robust and statistically significant association between the extent of democratic rights and wages received by workers. The association exists both across countries and over time within countries. The coefficient estimates suggest that non-negligible wage improvements result from the enhancement of democratic institutions:  Read more...
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Details

Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Dani Rodrik; National Bureau of Economic Research.
OCLC Number: 38528567
Notes: "January 1998."
Description: 9, [3] p. : 1 ill. ; 22 cm.
Series Title: Working paper series (National Bureau of Economic Research), working paper no. 6364.
Responsibility: Dani Rodrik.

Abstract:

Controlling for labor productivity, income levels, and other possible determinants, there is a robust and statistically significant association between the extent of democratic rights and wages received by workers. The association exists both across countries and over time within countries. The coefficient estimates suggest that non-negligible wage improvements result from the enhancement of democratic institutions: average wages in a country like Mexico would be expected to increase by 10-30 percent were Mexico to attain a level of democracy comparable to that prevailing in the U.S.

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