Wage inequality and welfare in developing countries: Privatization and reforms in the short and long run

被引：17

作者：

Chao, Chi-Chur ^{[1
]}

Nabin, Munirul ^{[1
]}

Xuan Nguyen ^{[1
]}

Sgro, Pasquale M. ^{[1
]}

机构：

[1] Deakin Univ, Deakin Business Sch, Dept Econ, Geelong, Vic 3217, Australia

来源：

INTERNATIONAL REVIEW OF ECONOMICS & FINANCE | 2016年 / 42卷

关键词：

Wage inequality; Welfare; Privatization; Developing economies; POLITICAL-ECONOMY; UNEMPLOYMENT; TRADE; TECHNOLOGY; MIGRATION; ENTRY;

D O I：

10.1016/j.iref.2015.10.023

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

The impacts of privatization on wage inequality and welfare are considered for developing countries. In the short run, privatization can narrow wage inequality but reduce output of public firms. However, the favorable effect of privatization on lowering wage inequality vanishes in the long run due to the excessive entry of public firms. Thus, a policy recommendation for privatization would be: to avoid rising wage inequality, entry regulation of public firms should be imposed in the short run, and to mitigate the output contraction, complementary structural changes or policy reforms are needed in the transitional period of privatization. Crown Copyright (C) 2015 Published by Elsevier Inc. All rights reserved.

引用

页码：474 / 483

页数：10

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