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