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Democracies Pay Higher Wages / Dani Rodrik.
- Format:
- Book
- Author/Creator:
- Rodrik, Dani.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w6364.
- NBER working paper series no. w6364
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1998.
- Summary:
- Controlling for labor productivity, income levels, and other possible determinants, there is a robust and statistically significant association between the extent of democratic rights and wages received by workers. The association exists both across countries and over time within countries. The coefficient estimates suggest that non-negligible wage improvements result from the enhancement of democratic institutions: average wages in a country like Mexico would be expected to increase by 10-30 percent were Mexico to attain a level of democracy comparable to that prevailing in the U.S.
- Notes:
- Print version record
- January 1998.
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