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Wage gradients in an enlarged EU.

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posted on 2005-07-14, 14:36 authored by Helena Marques, Hugh Metcalf
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.

History

School

  • Business and Economics

Department

  • Economics

Pages

163612 bytes

Publication date

2003

Notes

Economics Research Paper, no. 03-13

Language

  • en

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