Demand for labour inputs and adjustment costs: Evidence from Spanish manufacturing firms

Labour Economics

Volumn 5, Issue 4, 1998, Pages 475-497

  Alonso Borrego, César ^a  

^a UNIVERSIDAD CARLOS III DE MADRID   (Spain)

Author keywords

Adjustment costs; C33; Heterogeneous labour; J23; J32; Labour demand; Panel data

Indexed keywords

EID: 0006772377     PISSN: 09275371     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0927-5371(98)00011-6     Document Type: Article

References (23)

1. Amemiya T. Tobit models: a survey. Journal of Econometrics. 24:1984;3-61.
2. Andrés J., García J. Una interpretación de las diferencias salariales entre sectores. Investigaciones Económicas. 15:1991;143-167.
3. Bentolila S., Dolado J.J. Labour flexibility and wages: lessons from Spain. Economic Policy. 18:1994;53-99.
4. Blanchard, O., Jimeno, J.F., Andrés, J., Bean, C., Malinvaud, E., Revenga, A., Saint-Paul, G., Snower, D.J., Solow, R., Taguas, D., Toharia, L., 1995. Spanish unemployment: is there a solution? Report from the Centre for Economic Policy Research, London.
5. Bresson, G., Kramarz, F., Sevestre, P., 1991. Labour demand for heterogeneous workers with non linear asymmetric adjustment costs. INSEE, W.P. No. 1924.
6. Bresson G., Kramarz F., Sevestre P. Heterogenous labour and the dynamics of aggregate labour demand: some estimations using panel data. Empirical Economics. 17:1992;153-168.
7. Burda M.C. Monopolistic competition, costs of adjustment, and the behavior of European manufacturing employment. European Economic Review. 35:1991;61-79.
8. Griliches, Z., Mairesse, J., 1998. Production functions: the search for identification. In: Griliches, Z. (Ed.), Practicing econometrics: essay in method and application. Edward Elgar, London.
9. Groshen E.L. Sources of intra-industry wage dispersion: how much do employers matter? Quarterly Journal of Economics. 106:1991;869-884.
10. Hamermesh, D.S., 1993a. Spatial and temporal aggregation in the dynamics of labour demand. In: van Ours, J., Pfann, G., Ridder, G. (Eds.), Labour demand and equilibrium wage formation. North-Holland, Amsterdam.
11. Hamermesh, D.S., 1993b. Labor Demand. Princeton University Press, Princeton, NJ.
12. Hamermesh D.S., Pfann G.A. Adjustment costs in factor demand. Journal of Economic Literature. 34:1996;1264-1292.
13. Nadiri I., Rosen S. Interrelated factor demand functions. American Economic Review. 59:1969;457-471.
14. Ogaki, M., 1993. Generalized method of moments: econometric applications. In: Maddala, G.S., Rao, C.R., Vinod, H.D. (Eds.), Handbook of Statistics, Vol. 11, Econometrics. North-Holland, Amsterdam.
15. Palm F.C., Pfann G.A. Interrelated demand rational expectations models for two types of labour. Oxford Bulletin of Economics and Statistics. 52:1990;45-68.
16. Pfann G.A., Palm F.C. Asymmetric adjustment costs in non-linear labour demand models for the Netherlands and the UK manufacturing sectors. Review of Economic Studies. 60:1993;397-412.
17. Pfann G.A., Verspagen B. The structure of adjustment costs for labour in the Dutch manufacturing sector. Economics Letters. 29:1989;365-371.
18. Pindyck R.S., Rotemberg J.J. Dynamic factor demands under rational expectations. Scandinavian Journal of Economics. 85:1983;223-238.
19. Rota, P., 1997. Dynamic labour demand with fixed adjustment costs. Unpublished paper, University College, London.
20. Sanz Gómez M.C. Una estimación de la demanda de trabajo manual y no manual. Investigaciones Económicas. 18:1993;333-364.
21. Sargent T.J. Estimation of dynamic labor demand schedules under rational expectations. Journal of Political Economy. 86:1978;1009-1044.
22. Segura, J., Durán, F., Toharia, L., Bentolila, S., 1991. Análisis de la contratación temporal en España. Colección Economía y Sociología del Trabajo No. 47. Ministerio de Trabajo y Seguridad Social, Madrid, Spain.
23. Stoker, T.M., 1991. Lectures on semiparametric econometrics. CORE Lecture Series, Core Foundation, Universite Catholique de Louvain, Louvain-la-Neuve, Belgium.