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Wage gradients in an enlarged EU

Lookup NU author(s): Helena Marques, Dr Hugh Metcalf

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Abstract

In this paper we estimate a sectoral real wage equation for three regional blocs of the enlarged EU that we defined as North (wealthiest EU), South (Greece, Portugal and Spain) and East (acceding Central and Eastern European countries). The estimation results show that real wages react differently in each of the blocs to the impact of market size, location and factor endowments across a range of industrial sectors which differ by their degrees of economies of scale and skill-intensities in the presence of transport costs.


Publication metadata

Author(s): Marques H, Metcalf H

Series Editor(s): Claudio Piga

Publication type: Report

Publication status: Unpublished

Series Title: Department of Economics Discussion Papers

Year: 2003

Pages: 26

Report Number: 03-13

Institution: Loughborough University

Place Published: Loughborough

URL: https://magpie.lut.ac.uk/dspace-jspui/bitstream/2134/183/3/WPLboro3.pdf


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