Showing 1 - 10 of 170
to account for in existing models of industrialization. By construction, closed-economy models that stress the role of … correlation between distance to the world's main markets and levels of manufacturing activity in the developing world. Secondly …
Persistent link: https://www.econbiz.de/10009207519
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
We present a theory of spatial development. A continuum of locations in a geographic area choose each period how much … diffuses spatially across locations. The result is an endogenous growth theory that can shed light on the link between the …
Persistent link: https://www.econbiz.de/10008566320
We examine whether structural transformation leads to a Kuznets curve. We present a dynamic general equilibrium model with heterogeneous workers, occupational self-selection and selective migration, and calibrate the model to survey data for Malawi. We show that structural transformation raises...
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 …-Samuelson effect, in which locations with better access to world markets have higher population densities, higher shares of employment …
Persistent link: https://www.econbiz.de/10011083840
This paper assesses how structural transformation is affected by sectoral differences in labor-augmenting technological progress, capital intensity, and substitutability between capital and labor. We estimate CES production functions for agriculture, manufacturing, and services on postwar US...
Persistent link: https://www.econbiz.de/10011084211
Structural transformation refers to the reallocation of economic activity across the broad sectors agriculture, manufacturing and services. This review article synthesizes and evaluates recent advances in the research on structural transformation. We begin by presenting the stylized facts of...
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 regional convergence (of Southern to Northern average wages). We find that empirically most of the regional convergence is attributable to the structural transformation: the...
Persistent link: https://www.econbiz.de/10005792545