1,721,036 research outputs found
Dundee Discussion Papers in Economics 213:Public sector pay in Finland
This study analyses the forces determining public and private sector pay in Finland. The data used is a 7 per cent sample taken from the Finnish 2001 census. It contains information on 42 680 male workers, of which 8 759 are employed in public and 33 921 in the private sector. The study documents and describes data by education, occupation and industry. We estimate earnings equations for the whole sample as well as for four industries (construction, real estate, transportation and health) that provide an adequate mix of both public and sector workers. The results suggest that the private-public sector pay gap of about one per cent can be accounted for by differences in observable characteristics between the sectors (3.4 per cent) and lower returns from these characteristics (-2.3 per cent). However, the industry-level analysis indicates that the earnings gaps vary across industries, and are negative in some cases. These inter-industry differences in public-private gaps persist even when the usual controls are introduced. This suggests that public sector wage setters need greater local flexibility, which should result in less uniform wages within the public sector
Dundee Discussion Papers in Economics 167:RAE results and research funding in the UK: a regional analysis
A considerable sum of money is allocated to UK universities on the basis of Research Assessment Exercise performance. In this paper we analyse the impact of the two main funding models on the intra-regional allocation of funds. We also examine the effect of regional safety nets and discuss the impact of their removal. The major conclusion is that the safety net delivers well for Wales but poorly for Scotland
Dundee Discussion Papers in Economics 049:Training Subsidies, Technical Progress And Economic Growth
Dundee Discussion Papers in Economics 038:Diffusion, endogenous growth and multiple equilibria
Dundee Discussion Papers in Economics 210:Education and economic development in India
This brief survey examines the returns to education in India , and then examines the role of education on both economic growth and economic development with particular reference to India. Throughout, the objective is to draw out the implications of the empirical results for education policy. The results suggest that female education is of particular importance in India. They also suggest that perhaps because of the externalities it generates, primary education is more important than might be deduced from its relatively low private rate of return
Dundee Discussion Papers in Economics 108:Trade union power and economic efficiency
This paper seeks to integrate, unify and consequently analyse the efficiency consequences of recent empirical findings on the impact of unions. A dynamic model of on the job training is used to analyse the impact of unions on training outcomes, turnover, productivity, investment and profitability. The overall efficiency consequences are also studied. It is shown that moderate degrees of union power are efficiency enhancing despite reducing investment and profitability
Education and Economic Development in India
This brief survey examines the returns to education in India , and then examines the role of education on both economic growth and economic development with particular
reference to India. Throughout, the objective is to draw out the implications of the empirical results for education policy. The results suggest that female education is of particular importance in India. They also suggest that perhaps because of the externalities it generates, primary education is more important than might be deduced from its relatively low private rate of return
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