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Autor:innen: 
Erscheinungsjahr: 
1998
Schriftenreihe/Nr.: 
Department of Economics Discussion Paper No. 9810
Verlag: 
University of Kent, Department of Economics, Canterbury
Zusammenfassung: 
The efficiency wage hypothesis is tested by using one of the recently developed methods to measure technical efficiency. We use panel data on 40 Turkish cement plants for the period 1980-1995. The predictions of the efficiency wage hypothesis are tested in two ways: estimation of wage augmented production frontiers and the simultaneous estimation of a production function together with inefficiency effects. Our empirical analysis shows that the wage level is one of the significant factors contributing to the output and technical efficiency of plants in the cement industry in Turkey.
Schlagwörter: 
Efficiency Wage
Stochastic Production Function with Composed Errors
Technical Efficiency
JEL: 
C12
C13
C24
J41
Dokumentart: 
Working Paper

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