Alternative theories of wages in less developed countries: An empirical test
提出一种区分欠发达国家工业工资决定理论的方法，将理论分为成本最小化和利润分享两类，并用哥伦比亚数据检验，发现两类理论均起作用，但利润分享在更多行业显著存在。
This article develops a methodology for distinguishing empirically between different theories of industrial wage determination in less developed countries. This problem is particularly interesting as the theories are usually set up in terms of variables that are not directly observable. Thus the theories had to be re‐cast in a form that yielded predictions about observable variables, and the differences in the predictions had to be identified in order to yield a test. The theories are divided into two groups: ‘cost‐minimising’ theories and a ‘profit‐sharing’ theory. The methodology is applied to data from Colombia and it is found that both sets of theories are in operation, but that profit‐sharing was observed on an appreciable scale in more industries.