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Assessing the Impact of Worker Compensation Premiums on Employment in Tasmania (Discussion Paper 2010-05)

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Blacklow, P (2009) Assessing the Impact of Worker Compensation Premiums on Employment in Tasmania (Discussion Paper 2010-05). Discussion Paper. School of Economics and Finance, University of Tasmania. (Unpublished)

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Abstract

The aim of this study is to obtain estimates of the impact of worker compensation premiums on employment in Tasmania. To do so it proposes a basic reduced form employment equation as a function of wages, output, time and lagged employment using lags and Australian output figures as instruments. Using quarterly time series an estimate of the wage elasticity of employment for Tasmania over 1984.3 to 2008.1 is obtained that is comparable to other Australian employment studies. It also estimates an annual panel model across 3-digit industries together with worker compensation premium data to obtain a direct estimate of the impact of worker compensation premium on employment across Tasmania and also at a 1-digit industry level from 1992 to 2008.

Item Type: Report (Discussion Paper)
Keywords: wage elasticity of employment, worker's compensation premiums, repec
Publisher: School of Economics and Finance, University of Tasmania
Date Deposited: 29 Nov 2010 05:30
Last Modified: 18 Nov 2014 04:14
URI: http://eprints.utas.edu.au/id/eprint/10449
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