Escalation of Real Wages in Bangladesh: Is it the Beginning of Structural Transformation?

Xiaobo Zhang, Shahidur Rashid, Kaikaus Ahmad () and Akhter Ahmed ()

World Development, 2014, vol. 64, issue C, 273-285

Abstract: Using data from multiple sources, we show that the real wages in Bangladesh, particularly in rural areas and for female workers, have accelerated in recent years. Real wage escalation is likely the result of a combination of more job opportunities in the nonfarm sector, especially in the manufacturing sector, and a greater inflow of remittances, primarily from unskilled male workers overseas. Since physical labor is the most important asset for the poor, the escalation in real wages has boosted the poor’s earnings, helping them improve their livelihood and escape poverty.

Keywords: Bangladesh; rising wages; Lewis turning point; industrialization (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (26)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0305750X14001740
Full text for ScienceDirect subscribers only

Related works:
Chapter: Escalation of real wages in Bangladesh: Is it the beginning of structural transformation? (2021)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:wdevel:v:64:y:2014:i:c:p:273-285

DOI: 10.1016/j.worlddev.2014.06.015

Access Statistics for this article

World Development is currently edited by O. T. Coomes

More articles in World Development from Elsevier
Bibliographic data for series maintained by Catherine Liu ().