Capital gain, real wages and labor efficiency in the manufacturing sector in Colombia
This paper aims to find empirical evidence on the positive relationship that is woven between wages and labor productivity for the Colombian manufacturing industry. This relationship is based onthe theory of nutritional status of Leibstein (1957) as well as the conjecture of the relationship between...
- Autores:
- Tipo de recurso:
- http://purl.org/coar/resource_type/c_6966
- Fecha de publicación:
- 2014
- Institución:
- Universidad Pedagógica y Tecnológica de Colombia
- Repositorio:
- RiUPTC: Repositorio Institucional UPTC
- Idioma:
- spa
- OAI Identifier:
- oai:repositorio.uptc.edu.co:001/11885
- Acceso en línea:
- https://revistas.uptc.edu.co/index.php/cenes/article/view/2904
https://repositorio.uptc.edu.co/handle/001/11885
- Palabra clave:
- efficiency wages
value of labor force
labor productivity augmented wages production function
Salarios de eficiencia
valor de la fuerza de trabajo
productividad laboral. (Efficiency wages
value of labor force
labor productivity)
- Rights
- License
- Copyright (c) 2014 Jhon Alexander Méndez-Sayago
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2014-09-222024-07-05T18:44:24Z2024-07-05T18:44:24Zhttps://revistas.uptc.edu.co/index.php/cenes/article/view/290410.19053/22565779.2904https://repositorio.uptc.edu.co/handle/001/11885This paper aims to find empirical evidence on the positive relationship that is woven between wages and labor productivity for the Colombian manufacturing industry. This relationship is based onthe theory of nutritional status of Leibstein (1957) as well as the conjecture of the relationship between wages and the value of the labor force of Marx (1946). To this purpose a production function augmented on wages with panel data was estimated and found the wage of production operative and laborer affects their productivity. With the wage elasticity estimated the effect on the benefits of a policy increase of 1 % of salary was simulated. It was found that 61.5 % of the sectors improve their profits with this policyEste artículo se propone encontrar evidencia empírica sobre la relación positiva que se teje entre los salarios y la productividad del trabajo para la industria manufacturera colombiana. Esta relación se sustenta en la teoría del estatus nutricional de Leibstein (1957), así como en la conjetura de la relación entre el salario y el valor de la fuerza de trabajo de Marx (1946). Para tal efecto se estimó una función de producción aumentada en salarios con datos panel y se encontró que el salario de obreros y operarios de producción incide en su productividad. Con la elasticidad salario estimada se simuló el efecto sobre los beneficios de una política de incremento del 1 % del salario. Se encontró que el 61.5 % de los sectores manufactureros mejorarían sus ganancias con esta política.application/pdfspaspaUniversidad Pedagógica y Tecnológica de Colombiahttps://revistas.uptc.edu.co/index.php/cenes/article/view/2904/2641Copyright (c) 2014 Jhon Alexander Méndez-Sayagohttp://creativecommons.org/licenses/by-nc-sa/4.0http://purl.org/coar/access_right/c_abf467http://purl.org/coar/access_right/c_abf2Apuntes del Cenes; Volumen 33 N°57: enero - junio de 2014; 31-72Apuntes del Cenes; Volumen 33 N°57: enero - junio de 2014; 31-722256-57790120-3053efficiency wagesvalue of labor forcelabor productivity augmented wages production functionSalarios de eficienciavalor de la fuerza de trabajoproductividad laboral. (Efficiency wagesvalue of labor forcelabor productivity)Capital gain, real wages and labor efficiency in the manufacturing sector in ColombiaPlusvalía, salario real y eficiencia del trabajo en el sector manufacturero en Colombiainfo:eu-repo/semantics/articlePeer reviewed Articlehttp://purl.org/coar/resource_type/c_6966http://purl.org/coar/resource_type/c_2df8fbb1info:eu-repo/semantics/publishedVersionhttp://purl.org/coar/version/c_970fb48d4fbd8a550http://purl.org/coar/version/c_970fb48d4fbd8a85Méndez-Sayago, Jhon Alexander001/11885oai:repositorio.uptc.edu.co:001/118852025-07-18 12:13:50.087metadata.onlyhttps://repositorio.uptc.edu.coRepositorio Institucional UPTCrepositorio.uptc@uptc.edu.co |
| dc.title.en-US.fl_str_mv |
Capital gain, real wages and labor efficiency in the manufacturing sector in Colombia |
| dc.title.es-ES.fl_str_mv |
Plusvalía, salario real y eficiencia del trabajo en el sector manufacturero en Colombia |
| title |
Capital gain, real wages and labor efficiency in the manufacturing sector in Colombia |
| spellingShingle |
Capital gain, real wages and labor efficiency in the manufacturing sector in Colombia efficiency wages value of labor force labor productivity augmented wages production function Salarios de eficiencia valor de la fuerza de trabajo productividad laboral. (Efficiency wages value of labor force labor productivity) |
| title_short |
Capital gain, real wages and labor efficiency in the manufacturing sector in Colombia |
| title_full |
Capital gain, real wages and labor efficiency in the manufacturing sector in Colombia |
| title_fullStr |
Capital gain, real wages and labor efficiency in the manufacturing sector in Colombia |
| title_full_unstemmed |
Capital gain, real wages and labor efficiency in the manufacturing sector in Colombia |
| title_sort |
Capital gain, real wages and labor efficiency in the manufacturing sector in Colombia |
| dc.subject.en-US.fl_str_mv |
efficiency wages value of labor force labor productivity augmented wages production function |
| topic |
efficiency wages value of labor force labor productivity augmented wages production function Salarios de eficiencia valor de la fuerza de trabajo productividad laboral. (Efficiency wages value of labor force labor productivity) |
| dc.subject.es-ES.fl_str_mv |
Salarios de eficiencia valor de la fuerza de trabajo productividad laboral. (Efficiency wages value of labor force labor productivity) |
| description |
This paper aims to find empirical evidence on the positive relationship that is woven between wages and labor productivity for the Colombian manufacturing industry. This relationship is based onthe theory of nutritional status of Leibstein (1957) as well as the conjecture of the relationship between wages and the value of the labor force of Marx (1946). To this purpose a production function augmented on wages with panel data was estimated and found the wage of production operative and laborer affects their productivity. With the wage elasticity estimated the effect on the benefits of a policy increase of 1 % of salary was simulated. It was found that 61.5 % of the sectors improve their profits with this policy |
| publishDate |
2014 |
| dc.date.accessioned.none.fl_str_mv |
2024-07-05T18:44:24Z |
| dc.date.available.none.fl_str_mv |
2024-07-05T18:44:24Z |
| dc.date.none.fl_str_mv |
2014-09-22 |
| dc.type.none.fl_str_mv |
info:eu-repo/semantics/article |
| dc.type.en-US.fl_str_mv |
Peer reviewed Article |
| dc.type.coar.fl_str_mv |
http://purl.org/coar/resource_type/c_2df8fbb1 |
| dc.type.coarversion.fl_str_mv |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| dc.type.coar.spa.fl_str_mv |
http://purl.org/coar/resource_type/c_6966 |
| dc.type.version.spa.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
| dc.type.coarversion.spa.fl_str_mv |
http://purl.org/coar/version/c_970fb48d4fbd8a550 |
| format |
http://purl.org/coar/resource_type/c_6966 |
| status_str |
publishedVersion |
| dc.identifier.none.fl_str_mv |
https://revistas.uptc.edu.co/index.php/cenes/article/view/2904 10.19053/22565779.2904 |
| dc.identifier.uri.none.fl_str_mv |
https://repositorio.uptc.edu.co/handle/001/11885 |
| url |
https://revistas.uptc.edu.co/index.php/cenes/article/view/2904 https://repositorio.uptc.edu.co/handle/001/11885 |
| identifier_str_mv |
10.19053/22565779.2904 |
| dc.language.none.fl_str_mv |
spa |
| dc.language.iso.spa.fl_str_mv |
spa |
| language |
spa |
| dc.relation.none.fl_str_mv |
https://revistas.uptc.edu.co/index.php/cenes/article/view/2904/2641 |
| dc.rights.en-US.fl_str_mv |
Copyright (c) 2014 Jhon Alexander Méndez-Sayago http://creativecommons.org/licenses/by-nc-sa/4.0 |
| dc.rights.coar.fl_str_mv |
http://purl.org/coar/access_right/c_abf2 |
| dc.rights.coar.spa.fl_str_mv |
http://purl.org/coar/access_right/c_abf467 |
| rights_invalid_str_mv |
Copyright (c) 2014 Jhon Alexander Méndez-Sayago http://creativecommons.org/licenses/by-nc-sa/4.0 http://purl.org/coar/access_right/c_abf467 http://purl.org/coar/access_right/c_abf2 |
| dc.format.none.fl_str_mv |
application/pdf |
| dc.publisher.en-US.fl_str_mv |
Universidad Pedagógica y Tecnológica de Colombia |
| dc.source.en-US.fl_str_mv |
Apuntes del Cenes; Volumen 33 N°57: enero - junio de 2014; 31-72 |
| dc.source.es-ES.fl_str_mv |
Apuntes del Cenes; Volumen 33 N°57: enero - junio de 2014; 31-72 |
| dc.source.none.fl_str_mv |
2256-5779 0120-3053 |
| institution |
Universidad Pedagógica y Tecnológica de Colombia |
| repository.name.fl_str_mv |
Repositorio Institucional UPTC |
| repository.mail.fl_str_mv |
repositorio.uptc@uptc.edu.co |
| _version_ |
1839633884509110273 |