You are not logged in.

Wage inequality and welfare in developing countries: privatization and reforms in the short and long run

Chao, Chi-Chur, Nabin, Munirul, Nguyen, Xuan and Sgro, Pasquale M. 2016, Wage inequality and welfare in developing countries: privatization and reforms in the short and long run, International review of economics and finance, vol. 42, pp. 474-483, doi: 10.1016/j.iref.2015.10.023.

Attached Files
Name Description MIMEType Size Downloads

Title Wage inequality and welfare in developing countries: privatization and reforms in the short and long run
Author(s) Chao, Chi-Chur
Nabin, MunirulORCID iD for Nabin, Munirul orcid.org/0000-0003-1680-0582
Nguyen, XuanORCID iD for Nguyen, Xuan orcid.org/0000-0001-9763-6096
Sgro, Pasquale M.ORCID iD for Sgro, Pasquale M. orcid.org/0000-0002-1450-730X
Journal name International review of economics and finance
Volume number 42
Start page 474
End page 483
Total pages 10
Publisher Elsevier
Place of publication Amsterdam, The Netherlands
Publication date 2016-03
ISSN 1873-8036
Keyword(s) Wage inequality
Welfare
Privatization
Developing economies
Summary The impacts of privatization on wage inequality and welfare are considered for developing countries. In the short run, privatization can narrow wage inequality but reduce output of public firms. However, the favorable effect of privatization on lowering wage inequality vanishes in the long run due to the excessive entry of public firms. Thus, a policy recommendation for privatization would be: to avoid rising wage inequality, entry regulation of public firms should be imposed in the short run, and to mitigate the output contraction, complementary structural changes or policy reforms are needed in the transitional period of privatization.
Language eng
DOI 10.1016/j.iref.2015.10.023
Field of Research 140201 Agricultural Economics
Socio Economic Objective 910303 Trade Policy
HERDC Research category C1 Refereed article in a scholarly journal
ERA Research output type C Journal article
Copyright notice ©2016, Elsevier
Persistent URL http://hdl.handle.net/10536/DRO/DU:30079376

Document type: Journal Article
Collections: Faculty of Business and Law
Deakin Graduate School of Business
Connect to link resolver
 
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Versions
Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 2 times in TR Web of Science
Scopus Citation Count Cited 2 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 117 Abstract Views, 3 File Downloads  -  Detailed Statistics
Created: Fri, 06 Nov 2015, 12:44:37 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.