PL EN


2010 | 3 | 345-372
Article title

WAGE CONVERGENCE IN THE EUROPEAN UNION (1995-2005) (Konwergencja plac w Unii Europejskiej (1995-2005))

Title variants
Languages of publication
PL
Abstracts
EN
This paper presents empirical analysis of relative wage convergence in the group of 20 countries of enlarged EU (five New Member States: Czech Republic, Poland, Slovakia, Slovenia, Hungary plus former EU15 economies) within the period 1995-2005. The study is based on recently released sector level data (12 manufacturing sectors) which allows us to analyze the convergence process concerning wages of three distinct groups of workers (high-skilled, medium-skilled and low-skilled). Sigma convergence analysis suggests that the biggest dispersion of wages is typical for salaries paid to low-skilled employees. Estimation results of dynamic panel model obtained with GMM (Generalized Method of Moments) estimator indicate that within the group of 20 EU countries taken into consideration a slow process of wage convergence takes place and its speed does not exceed 5% per year. The lowest speed of wage convergence is characteristic for earnings of workers with the lowest educational level.
Year
Issue
3
Pages
345-372
Physical description
Document type
ARTICLE
Contributors
  • Aleksandra Parteka, Politechnika Gdanska, Wydzial Zarzadzania i Ekonomii, ul. Narutowicza 11/12, 80-952 Gdansk, Poland
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
10PLAAAA086328
YADDA identifier
bwmeta1.element.2f74ee3f-232e-3cec-ae4e-1d3d67edb9e2
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