Labour Cost and World Market Share: An Empirical Analysis with Panel Data (1999–2008)
8 Pages Posted: 22 Oct 2010
Date Written: October 21, 2010
Abstract
In the present paper it will be shown that unit labour cost plays a significant role in the world market share. An econometric model will be used on panel data covering Western European Countries as well as Japan, during the period 1999 - 2008. The degree of impact of unit labour cost on world market share is estimated by this econometric model. The elaboration of data is made feasible through the Eviews software package.
Keywords: Econometric models with panel data (single equation), Labour cost, Trade
JEL Classification: C23, J01, F1
Suggested Citation: Suggested Citation
Georgiou, Miltiades N., Labour Cost and World Market Share: An Empirical Analysis with Panel Data (1999–2008) (October 21, 2010). Available at SSRN: https://ssrn.com/abstract=1695441 or http://dx.doi.org/10.2139/ssrn.1695441
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