期刊名称:International Research Journal of Finance and Economics
印刷版ISSN:1450-2887
电子版ISSN:1450-2887
出版年度:2017
期号:159
页码:100-114
出版社:European Journals Inc.
摘要:This paper specifies a flexible model of labour demand in Tunisian manufacturing industries. The model is further extended to incorporate a risk function part which allows identifying the determinants of both level and variations in employment. The risk function is important when designing public policies. It allows for the identification of industries suitable for targeting policies. The paper looks at the efficiency of the manufacturing industry in their choice of level of employment necessary to produce a given level of output. The results show that labour demand responds mostly to wages, followed by capital stock changes, and level of output.