Regional wage flexibility in Spain, 1989-1992
- Salas del Mármol, Rafael
- Rabadán Mosseray, Isabel
- Bajo Rubio, Oscar
ISSN: 1578-0252
Año de publicación: 1999
Número: 10
Páginas: 1-26
Tipo: Artículo
Otras publicaciones en: Papeles de trabajo del Instituto de Estudios Fiscales. Serie economía
Resumen
In this paper we provide a first analysis on the role of wage flexibility at a regional level for the Spanish case. To this end, we compute regional inequality indices for industry wages and productivity, which is complemented with an econometric estimation of an equation for regional and industry wages. Our results point to a high degree of rigidity of regional wages, which show a considerably lower variability than productivity levels, so that the process of wage setting would have been driven mainly by between-industries and across-regions homogeneity considerations in union behaviour.