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Growth and structural transformation of the manufacturing sector in developing countries are generally considered to be the result of the expansion of the "modem" (large-scale) sector relative to the "traditional" (small-scale) sector. Examining the sources of labor productivity growth in...
Persistent link: https://www.econbiz.de/10012474517
Not all of that extra output will remain in the United States. If the trade deficit is reduced by three percent of GDP, the rise in exports and decline in imports will reduce output available for U.S. consumption and investment by about 0.3 percent a year
Persistent link: https://www.econbiz.de/10012462967
The current practice of measuring age as years-since-birth, both in common practice and in the law, rather than alternative measures reflecting a person's stage in the lifecycle distorts important behavior such as retirement, saving, and the discussion of dependency ratios. Two alternative...
Persistent link: https://www.econbiz.de/10012465170
This paper uses the neoclassical growth model to examine the extent to which a tax cut pays for itself through higher economic growth. The model yields simple expressions for the steady-state feedback effect of a tax cut. The feedback is surprisingly large: for standard parameter values, half of...
Persistent link: https://www.econbiz.de/10012467687
We study the economic effects of religious practices in the context of the observance of Ramadan fasting, one of the central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating Islamic calendar. We report two key, quantitatively...
Persistent link: https://www.econbiz.de/10012458895
Combining eight years of panel data with an event study approach, we show that rural Chinese women's labor supply falls for one year following the birth of a daughter before returning to their pre-birth levels. The negative impact of the birth of a son on women's labor supply is much larger in...
Persistent link: https://www.econbiz.de/10012480130
biological desire for a marriage partner is strong. Empirically, we show that within China, those regions with a faster increase …
Persistent link: https://www.econbiz.de/10012461869
Unemployment rates in countries across the world are typically positively correlated with GDP. China is an unusual … statistics. This paper calculates, for the first time, China's unemployment rate from 1988 to 2009 using a more reliable …, nationally representative household survey in China. The unemployment rates we calculate differ dramatically from those supplied …
Persistent link: https://www.econbiz.de/10012457208
private sector in urban China. We show that a reform that untied access to housing in urban areas from working for the state …
Persistent link: https://www.econbiz.de/10012458930
longitudinal household data from China. We find that a one standard deviation increase in robot exposure led to a decline in labor …
Persistent link: https://www.econbiz.de/10013477199