How Long to Read Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council

By Mr.Alberto Behar

How Long Does it Take to Read Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council?

It takes the average reader and 34 minutes to read Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council by Mr.Alberto Behar

Assuming a reading speed of 250 words per minute. Learn more

Description

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 response of 0.7 or less. The elasticity is almost unity for expatriates in the long run and 0.35 in the short run. We interpret low elasticities as indirect evidence of labor market adjustment costs, which could include hiring and firing rigidities, skills mismatches, and reluctance to accept private sector jobs. Forecasts suggest that, absent measures to reduce adjustment costs, the private sector will only be able to absorb a small portion of nationals entering the labor force.

How long is 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 by Mr.Alberto Behar is 34 pages long, and a total of 8,636 words.

This makes it 11% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council aloud.

What Reading Level is 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 is suitable for students ages 8 and up.

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