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Cambridge Journal of Economics Advance Access originally published online on May 3, 2005
Cambridge Journal of Economics 2005 29(4):665-667; doi:10.1093/cje/bei038
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© The Author 2005. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved.

Notes and Comments

The employment elasticity in manufacturing: a rejoinder

D. Mazumdar*

* University of Toronto

Address for correspondence: 368 Sumach Street, Toronto, Ontario M4X 1V4 Canada; email: mazumdar{at}chass.utoronto.ca

The trend in the share of wages is one of the factors affecting employment elasticity over a specified period of time. There are alternative ways of dealing with this trend in a decomposition equation. The method suggested in Mazumdar (2003) might be preferred because it yields additional information.

Key Words: Wage trends • Employment-wage trade-off • Labour market institutions • Comparative economic growth

JEL classifications: N30, O15, J30, J41

Manuscript received September 24, 2004;
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