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Efficiency wages and rent sharing: a note and some empirical findings
Francis
Teal,
CSAE
ABSTRACT:
ABSTRACT: Tests for the efficiency wage hypothesis have proposed to use production functions to ask if wage increases can pay for themselves. Tests for rent sharing have used a profit term in the earnings function. In this note the relationship between these tests is investigated empirically. Evidence is presented for the Ghana manufacturing sector which allows a test discriminating between the two hypotheses to be conducted.
SUGGESTED CITATION: Francis Teal,
" Efficiency wages and rent sharing: a note and some empirical findings "
(December 3, 1995).
The Centre for the Study of African Economies Working Paper Series.
Working Paper 34.
http://www.bepress.com/csae/paper34
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