Transferring the Cost of Wage Rigidity to Subcontracting Firms: The Case of Korea

We select a Korean case with ample subcontracting practices and a rigid wage system. Workplaces with subcontract transactions would have reason to impute the additional wage incremental costs associated with the seniority-based wage system (Hobong in Korea) to subcontractors. Our empirical results i...

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Bibliographic Details
Main Authors: Kwangho Woo, Joonmo Cho
Format: Article
Language:English
Published: MDPI AG 2016-08-01
Series:Sustainability
Subjects:
Online Access:http://www.mdpi.com/2071-1050/8/9/845

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