Rural labour markets: Insights from Indian villages / A. Amarender Reddy.

Format:

Book

Government document

Author/Creator:

Reddy, A. Amarender, author.

Language:

English

Subjects (All):

Economic and Social Development.

Local Subjects:

Economic and Social Development.

Physical Description:

1 online resource (30 pages)

Contained In:

Asia-Pacific Development Journal Vol. 21, no. 1, p. 107-136 21:1<107 2411-9873

Place of Publication:

[Place of publication not identified] : United Nations, 2014.

System Details:

text file

Summary:

In this paper, labour market behaviour in rural India is examined, with the objectives of assessing the structure of the work status among sample individuals and of testing segmented labour market theory. Simple regression techniques and an estimated modified Mincer equation to determine earnings are used in the paper, followed by the application of multinomial regression analysis. Labour markets are segmented based on social background to some extent, which is in line with segmented labour market theory based on caste, sex and assets. Most of the more highly educated remain unemployed due to a lack of sufficient employment opportunities, even though higher education increases the probability of being engaged in regular employment. However, households invest heavily in children's education in the hope that they will obtain regular employment. Policies that promote asset ownership, household savings and skills development would increase people's chances of obtaining regular employment with higher earnings.

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