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Thoughts on employment typologies

Year: 2025

Type: article

Abstract: Mineral (and some other natural resource) exports tend to create very few jobs. This, together with the disincentive they create for the production of other tradables, can leave the country with a difficult employment/income distribution challenge. The export sector creates a few highly productive jobs, which tend also to be highly paid through a process of rent-sharing, but the country's labour demand curve may be very steep (price-inelastic) so that the equilibrium wage may be very low. Such a situation calls for policy-makers to think seriously about employment policy, and to foster labour demand in some combination of tradables and non-tradables, whose optimal mix depends on the specific situation of the country.

Source: Figshare

DOI: 10.14749/30361696

Author: Human Sciences Research Council

Language: English

Topic: Natural Resources and Economic Development

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, No poverty, Reduced inequalities

Open Access status: green

Funder: Human Sciences Research Council

OpenAlex ID: W7091278398

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