| 000 | 01628nam a22001577a 4500 | ||
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| 999 |
_c521769 _d521769 |
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| 008 | 230227b ||||| |||| 00| 0 eng d | ||
| 100 |
_aAsravor, Richard Kofi and Sackey, Frank Gyimah _937531 |
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| 245 | _aWage price floors and sectoral employment outcomes in Ghana | ||
| 260 | _aThe Indian Journal of Labour Economics | ||
| 300 | _a65(1), Jan-Mar, 2022: p.103-122 | ||
| 520 | _aThis paper investigates the effect of daily minimum wage regulation and other covariates variables on sectoral employment generation in Ghana. The Cobb–Douglas and constant elasticity of substitution production functions were employed as the theoretical foundation for this study. Secondary Data sourced from World Development Indicators (2018) from 1991 to 2018 was used while the autoregressive distributed lag was used as the estimation. The finding confirms the insider outsider and the Phillips curve argument and also shows that sectoral employment in Ghana is supported by economic growth and foreign direct investment. Daily minimum wage negatively affects the sectoral employment, with the agricultural employment being the worst affected. Interest rate decreases total employment, whereas population growth decreases employment in the agricultural sector. The study recommends that the agricultural sector should be given a lower interest rate for loans acquired as this will help expand agricultural business and capacity. – Reproduced | ||
| 650 |
_aSectoral employment, Labour demand, Minimum wage, Economic growth: Ghana _935972 |
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| 773 | _aThe Indian Journal of Labour Economics | ||
| 906 | _aEMPLOYMENT | ||
| 942 | _cAR | ||