1980•Unpublished venueRequires access
Industrial wage structures in India : a survey
Bipasha Dutta
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Abstract
Past studies of industrial wage structures in India are surveyed. Trends in the wage structure between 1950 and 1970 are analyzed at various levels of aggregation. Trends in wage rates in some major industries and trends in interregional wage differentials are discussed. Alternative theories of wage determination are classified according to Wachter. Some studies view the labor market as competitive in that wages are not institutionally fixed, but set by demand and supply forces. Some theories involve institutional forces that determine or influence wages, particularly trade unions. Recent modifications of the competitive model which incorporate theories of uncertainty and information, as well as observed characteristics of the labor market, are considered. Statistical tables are included. 37 references.