A study on the effect of productivity on the wage level, with emphasis on the productivity of skilled and unskilled labor

Fard, H.; Jalaee, S.; Ardakani, S.

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ISSN 2369-7407 (Online) - ISSN 2369-7393 (Print) Quarterly Publication Volume 4 Issue 3 pp. 93-100 , 2018

A study on the effect of productivity on the wage level, with emphasis on the productivity of skilled and unskilled labor Pages 93-100 Download PDF

Authors: Hossein Akbari Fard, Sayyed Abdolmajid Jalaee, Seyed Bagher Fazayel Ardakani

DOI: 10.5267/j.ac.2018.1.001

Keywords: Wages, Labor productivity, Skilled labor productivity, Unskilled labor productivity, Self-explanatory patterns with distributive interruptions

Abstract: The productivity of labor and wages are two important variables in the market. Identification of the relationship between the labor and the wages can help policymakers and employers make important decisions about workers' wages. This research uses the statistical data from 1974 to 2014 in Iran to explore the effect of the total labor productivity as well as the productivity of skilled and unskilled labor on the wage level. The results of the research in the long-run indicate that, for the case of skilled and unskilled labor productivity, skilled labor productivity maintained a negative effect on the wage level and the unskilled labor productivity had a positive effect on the wage level. In addition, the total labor productivity had a positive impact on the wage level; the results also indicate that the level of education had a positive impact on the wage level and the impact of government size on the level of wage was negative and statistically insignificant.

How to cite this paper

 Fard, H., Jalaee, S & Ardakani, S. (2018). A study on the effect of productivity on the wage level, with emphasis on the productivity of skilled and unskilled labor.Accounting, 4(3), 93-100.

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