THE CATCH-UP PROCESS OF RELATIVE WAGES IN EUROPEAN UNION NEW MEMBER STATES

• Authors: Uçak Harun
• Languages of publication: EN

Abstracts

EN

In 2004, European Union underwent the largest single expansion, both in terms territory, number of states and population. After that, economic effects of accession for the new member states have been studied with different aspects in European Union integration literature. This paper focus on the labour market aspect and it is aimed to investigate the existence of catch-up process for eight EU new member states’ relative wages. The relative wages are measured by a ratio of new member states to old member with Germany as a representative country and the convergence analysis is applied to testify the process of wage disparities. The results show the existence of convergence and that the wages in new member states have been closer to high-wage level countries’ after joining EU.

Keywords

EN

WAGE; LABOUR MARKET; INTEGRATION; CONVERGENCE; EUROPEAN UNION; MEMBER STATES

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2012
• Volume: 60
• Issue: 4
• Pages: 360 – 370

Contributors

author

Uçak Harun

• Nigde University, Faculty of Economics and Administrative Sciences, Departments of Economics, Nigde 51100, Turkey