By R.F. Elliott
ISBN-10: 1349037656
ISBN-13: 9781349037650
ISBN-10: 1349037672
ISBN-13: 9781349037674
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Extra info for Pay in the Public Sector
Sample text
R. Thatcher titled 'Labour Supply and Employment Trends' in F. ) De-industrialisation, (London: Heinemann, 1979). J. Johnston 'A Macro-Model of Inflation', Economic Journal, Vol. 85 (June 1975). H. B. Junz and R. R. Rhomberg, 'Price Competitiveness in Exports', American Economic Review (1973). The Importance of the Public Sector 29 R. L. Marris, 'A Note on Measuring the Share of the Public Sector', Review of Economic Studies, Vol. XXII, No. 3 (1954-55). R. Maurice, National Accounts Statistics: Sources and Methods, CSO (HMSO, 1968).
If this is true we should not be surprised that workers fail to value the 'social wage' as highly as the government suggest they should. 2. 14-15). They emphasise the important distinction between the market and nonmarket sectors and while we have suggested till now that these are synonymous with the industrial and public service sectors respectively, this is only broadly correct. Foil owing Johnston ( 197 5) they distinguish between those sectors of the economy producing output which is allocated via the market, the price mechanism, and those sectors where goods are provided either free at the point of consumption or at a price which does not fully cover costs.
THE GROWTH OF PUBLIC SECTOR EMPLOYMENT Both of the above competing views of the causes of growth in public expenditure entail a growth in public employment and indeed the statistics reveal that such a growth has occurred. 2 reveals that an increasing proportion of these have been accounted for by the wage and salary bill in recent years. 5 reveals that if we exclude armed forces pay from our calculations the share of wages, salaries and other related labour costs rose from 48 per cent in 1965 to over 58 per cent in 1975.
Pay in the Public Sector by R.F. Elliott
by Edward
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