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Title: Wage gradients in an enlarged EU.
Authors: Marques, Helena
Metcalf, Hugh
Keywords: wage equation
labour demand
human capital
EU enlargement
Issue Date: 2003
Abstract: In this paper we estimate a sectoral real wage equation for three regional blocs of the enlarged EU that we defined as North (wealthiest EU), South (Greece, Portugal and Spain) and East (acceding Central and Eastern European countries). The estimation results show that real wages react differently in each of the blocs to the impact of market size, location and factor endowments across a range of industrial sectors which differ by their degrees of economies of scale and skill-intensities in the presence of transport costs.
Description: Economics Research Paper, no. 03-13
URI: https://dspace.lboro.ac.uk/2134/183
Appears in Collections:Working Papers (Economics)

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