Data for: The own-wage elasticity of labor demand: A meta-regression analysis

Abstract of associated article: The own-wage elasticity of labor demand is a key parameter in empirical research and policy analysis. However, despite extensive research, estimates of labor demand elasticities are subject to considerable heterogeneity. In this paper, we explore various dimensions of this heterogeneity by means of a comprehensive meta-regression analysis, building on information from 151 different studies containing 1334 estimates in total. Our results show that heterogeneity in the estimates of the elasticity is natural to a considerable extent: the magnitude of the elasticity depends on the theoretical model applied and features of the workforce. Moreover, we find that labor demand has become more elastic over time, and is particularly elastic in countries with low levels of employment protection legislation. Furthermore, we find heterogeneity due to the empirical specification of the labor demand model, characteristics of the dataset and publication bias.

关联论文摘要：劳动需求的自身工资弹性是实证研究与政策分析中的核心参数。尽管已有大量相关研究，但劳动需求弹性的估算结果仍存在显著异质性。本文依托涵盖1334个估算结果的151项独立研究数据，通过全面的元回归分析，对该异质性的多维度来源展开探究。研究结果显示，弹性估算的异质性在相当程度上具有内在合理性：弹性的大小取决于所采用的理论模型与劳动力群体特征。此外，劳动需求弹性随时间推移有所提升，且在就业保护立法水平较低的国家中表现得尤为显著。同时，劳动需求模型的实证设定方式、数据集特征以及发表偏倚，同样是造成异质性的重要诱因。