EFFICIENCY WAGE AND SUPERVISION - THEORY AND APPLICATION TO THE IVORIAN MANUFACTURING SECTOR

Authors
AZAM JP LESUEUR JY
Citation
Jp. Azam et Jy. Lesueur, EFFICIENCY WAGE AND SUPERVISION - THEORY AND APPLICATION TO THE IVORIAN MANUFACTURING SECTOR, Journal of African economies, 6(3), 1997, pp. 445-462
Citations number
16
Journal title
Journal of African economies → ACNP
ISSN journal
09638024
Volume
6
Issue
3
Year of publication
1997
Pages
445 - 462
Database
ISI
SICI code
0963-8024(1997)6:3<445:EWAS-T>2.0.ZU;2-J
Abstract
A simple model is set up to analyse the tradeoff between wage and moni toring costs in an efficiency-wage framework. It is then applied to a panel of firms in the Ivorian manufacturing sector, split in different industries. The parameter restrictions derived fi om the theoretical model are not rejected for the investment goods, the intermediate good s and the non-food consumption goods sectors, while some puzzling resu lts ave found for the food and agro-industrial sectors.