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Abstract
This article examines the wage dispersion in the European Union in the last ten years (1996-2006). The research is motivated by the fact that New Members States (NMS) expected that wage convergence would occurred after their accession to the EU. At the same time Old Member States (OMS) have been increasingly concerned with the possibility that the EU enlargement could influence their local labor markets and wages through new channels of imports from low wage countries, eastward relocation of their production or/and inflow of migration. Still the dispersion of wages between the NMS and the core EU countries is significant. Our calculations comprise of sigma and beta convergence adopted from the real growth literature. To check the stability of the results different econometric specifications are employed such as: OLS, Random and Fixed Model, and the dynamic approach with system GMM estimator.
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- Category:
- Monographic publication
- Type:
- rozdział, artykuł w książce - dziele zbiorowym /podręczniku w języku o zasięgu międzynarodowym
- Title of issue:
- Growth and innovation - selected issues strony 59 - 66
- Language:
- English
- Publication year:
- 2009
- Bibliographic description:
- Wolszczak-Derlacz J.: Do new EU members have any chance of earning as much as Westerns do?// Growth and innovation - selected issues/ ed. ed. Marzena Starnawska; Gdańsk University of Technology, Faculty of Management and Economics, Department of Economic Science. Gdańsk: Department of Economics Sciences, Faculty of Management and Economics, Gdańsk University of Technology, 2009, s.59-66
- Verified by:
- Gdańsk University of Technology
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