Arbeitspapier
The Effects of Transactions Costs on Labor Market Participation and Earnings: Evidence from Rural Philippine Markets
The paper aims to measure transaction costs and its effects on labor market participation and on wage earnings. The observed differences between between buying and selling prices of rice across households are used to calculate transaction costs indices for villages which are incorporated into the standard labor market participation and Mincer wage equations. The estimates indicate that transaction costs may be a source of the income differentials between (a) the landed and the landless, (b) the rural and the urban areas, and (c) the males and the females. Furthermore, biases can noted in the regression coefficients of estimates that do not control for transaction costs.
- Language
-
Englisch
- Bibliographic citation
-
Series: Center Discussion Paper ; No. 790
- Classification
-
Wirtschaft
- Subject
-
Transaction Costs
Labor Market Participation
Philippines
Ländlicher Arbeitsmarkt
Lohn
Transaktionskosten
Reismarkt
Philippinen
- Event
-
Geistige Schöpfung
- (who)
-
Lanzona, Leonardo A.
Evenson, Robert E.
- Event
-
Veröffentlichung
- (who)
-
Yale University, Economic Growth Center
- (where)
-
New Haven, CT
- (when)
-
1997
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Lanzona, Leonardo A.
- Evenson, Robert E.
- Yale University, Economic Growth Center
Time of origin
- 1997
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