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| Author: | Brunstad, R. Dyrstad, J. |
| Title: | Booming sector and wage effects: an empirical analysis on Norwegian data |
| Journal: | Oxford Economic Papers
1997 : JAN, VOL. 49:1, p. 89-103 |
| Index terms: | ECONOMICS NORWAY PAY |
| Language: | eng |
| Abstract: | Within the framework of a segmented labour market model, and under the assumption of market clearing wages in all sub-markets, this paper analyzes demand and cost-of-living effects which a booming sector may create. The tests are based on data before and after the most intensive building-up period of the Norwegian petroleum sector. The empirical results indicate significant demand effects for the most petroleum relevant occupations, and also positive cost-of-living effects in areas which are regionally close to this sector. |
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