Abstract
The transition of Poland to a free market economy, concurrent to a substantial increase of the private sector, promoted entrepreneurship, joint ventures, self-employment, labor reallocation, growth of financial markets and direct foreign investments. Previous studies have provided inconclusive evidence regarding earning disparities in Poland. The present study proposes a model that employs demographic, employment and organizational characteristics, revealing that earnings in the private sector are 9.8% higher than in the public sector; human capital characteristics are more influential in the private than in the public sector; the return to general training is higher for both workers with a higher education and those in the private sector; and the return to firm-specific-training is higher in the private sector. The results are discussed in light of the structure of a transitional economy and the changing labor market.
JEL Codes
G32, M13, O52, L33
Keywords
Private Firms, Public Firms, Earnings, Poland
Recommended Citation
Weisberg, Jacob and Socha, Mieczslaw Waclaw
(2002)
"Earnings in Poland: The Private Versus the Public Sector,"
Journal of Entrepreneurial Finance and Business Ventures:
Vol. 7:
Iss.
3, pp. 17-38.
DOI: https://doi.org/10.57229/2373-1761.1095
Available at:
https://digitalcommons.pepperdine.edu/jef/vol7/iss3/3