Showing 1 - 10 of 210
reconcile the conflicting primal and dual estimates of productivity growth over the period. …
Persistent link: https://www.econbiz.de/10011249371
We study long-run trends in aggregate market hours of work and shifts across economic sectors within the context of balanced aggregate growth. We show that a model of many goods and uneven TFP growth in market and home production can rationalize the observed falling or U-shaped aggregate hours...
Persistent link: https://www.econbiz.de/10005124281
The increase in income per capita is accompanied, in virtually all countries, by two changes in the structure of the economy, namely an increase in the share of government spending in GDP and an increase in female labour force participation. This paper suggests that these two changes are...
Persistent link: https://www.econbiz.de/10005136708
service productivity in the second part of the 1990s, the increase in land rents in the same period, as well as several other …
Persistent link: https://www.econbiz.de/10008566320
workers from agriculture is associated with rising wage inequality, rather than a Kuznets curve. The increase in sectoral wage … inequality is pronounced for agriculture. At the same time, structural transformation is associated with major reductions in …
Persistent link: https://www.econbiz.de/10011145444
This paper uses the natural experiment of Argentina's integration into world markets in the late-nineteenth century to provide evidence on the role of internal geography in shaping the effects of external integration. We develop a quantitative model of the distribution of economic activity...
Persistent link: https://www.econbiz.de/10011083840
agriculture, manufacturing, and services on postwar US data and compare them with Cobb--Douglas production functions with …
Persistent link: https://www.econbiz.de/10011084211
Structural transformation refers to the reallocation of economic activity across the broad sectors agriculture … sharper insights for understanding economic development, regional income convergence, aggregate productivity trends, hours …
Persistent link: https://www.econbiz.de/10011084224
This paper investigates the role of the rise of services in the narrowing of gender gaps in hours and wages in recent decades. We document the between-industry component of the rise in female work for the U.S., and propose a model economy with goods, services and home production, in which women...
Persistent link: https://www.econbiz.de/10011084618
We present a joint study of the US structural transformation (the decline of agriculture as the dominating sector) and …
Persistent link: https://www.econbiz.de/10005792545