Wages and Firm Ownership: A Study of the Manufacturing Sector of India

Q3 Economics, Econometrics and Finance
S. Sahu, Ankita Goel
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引用次数: 1

Abstract

From an ownership viewpoint, we analyse the determinants of significant wage differences for India’s manufacturing sector. We use data from the Centre for Monitoring Indian Economy’s Prowess database from 2000–2015. Using fixed-effects and Blinder–Oaxaca decomposition method, we confirm that foreign firms pay higher wages and salaries than domestic firms. Most importantly, productivity, participation in the export market, firm size, firm age and profit margin explain the inter-firm and intra-firm differences in labour intensity for the manufacturing firms in the Indian economy. The wage gap seems higher for intra-firm than the inter-firm, indicating that demand for labour is higher within the sector. JEL Classifications: E24, G32, L6, C13
工资与企业所有权:印度制造业研究
从所有权的角度,我们分析了印度制造业显著工资差异的决定因素。我们使用印度经济监测中心的Prowess数据库中2000年至2015年的数据。使用固定效应和Blinder–Oaxaca分解方法,我们证实外国公司支付的工资和薪水高于国内公司。最重要的是,生产率、出口市场参与度、企业规模、企业年龄和利润率解释了印度经济中制造业企业劳动强度的企业间和企业内差异。企业内部的工资差距似乎高于企业内部,这表明该行业对劳动力的需求更高。JEL分类:E24、G32、L6、C13
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来源期刊
Studies in Microeconomics
Studies in Microeconomics Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
1.40
自引率
0.00%
发文量
14
期刊介绍: Studies in Microeconomics seeks high quality theoretical as well as applied (or empirical) research in all areas of microeconomics (broadly defined to include other avenues of decision science such as psychology, political science and organizational behavior). In particular, we encourage submissions in new areas of Microeconomics such as in the fields of Experimental economics and Behavioral Economics. All manuscripts will be subjected to a peer-review process. The intended audience of the journal are professional economists and young researchers with an interest and expertise in microeconomics and above. In addition to full-length articles MIC is interested in publishing and promoting shorter refereed articles (letters and notes) that are pertinent to the specialist in the field of Microeconomics (broadly defined). MIC will periodically publish special issues with themes of particular interest, including articles solicited from leading scholars as well as authoritative survey articles and meta-analysis on the themed topic. We will also publish book reviews related to microeconomics, and MIC encourages publishing articles from policy practitioners dealing with microeconomic issues that have policy relevance under the section Policy Analysis and Debate.
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