Abstract
Labor force as a factor of production has always been the concern of economists. The importance of analyzing labor market in Iran, due to having young and cheep labor coverage, is extremely necessary. Making use of statistics of participation rate, educational level as well as that of unemployment in Khuzestan during 1966-2003, we have tried to obtain men's supply function in this paper using Juhansen's approach to estimate the error correction model. Results of the study show that in low age groups, educational variables such as educational coverage and the ratio of college-graduates adequately explain labor force participation rate. Unemployment rate is another variable that is crucial in labor force supply. This variable and its lags are generally positive for low age groups.
Article Details
- Year: 2007
- Volume: 28
- Issue: 3
- Accepted: 01.06.2007
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How to Cite?
Mansour Zarra-Nezhad, Amir Hossein Montazer Hojjat (2007). Estimating and Analyzing Men's Labor Force Supply Function in Khuzestan. Journal of Economic Cooperation and Development, 28(3), -.
