Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council

Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council
We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results indicate that the employment response is lower for nationals, who have an estimated short-run elasticity of only 0.15 and a long-run... READ MORE...

Publication date: August 2015
ISBN 9781513573885
$18.00

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