Labor Market Competitiveness and Poverty

Goto, Hideaki

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dc.contributor.author	Goto, Hideaki
dc.date.accessioned	2018-08-21T17:09:38Z
dc.date.available	2018-08-21T17:09:38Z
dc.date.issued	2008-11-01
dc.identifier.uri	https://hdl.handle.net/1813/57819
dc.description	WP 2008-20 November 2008
dc.description	JEL Classification Codes: D6; I32; J2; J64
dc.description.abstract	How does labor market competitiveness frame the impact of greater labor productivity and lower inequality on poverty? Specifically, does greater competitiveness increase the impact of higher labor productivity and lower inequality on poverty reduction? In a simple model, we show that there is complementarity between competitiveness and productivity – the greater is one, the larger is the impact of the other. This suggests that improving labor market competitiveness is worthwhile not only for its own sake, but because it improves the transmission mechanism from productivity increases to poverty reduction. We also derive precise conditions under which there is a similar complementarity between equality and competitiveness in poverty reduction.
dc.language.iso	en_US
dc.publisher	Charles H. Dyson School of Applied Economics and Management, Cornell University
dc.title	Labor Market Competitiveness and Poverty
dc.type	article
dcterms.license	http://hdl.handle.net/1813/57595