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An integrated approach for estimating the stock of human capital in the United States is developed which eliminates well known problems associated with both the cost and income based methods currently in use. Historical information on the cost of the educational investment made in base entrants...
Persistent link: https://www.econbiz.de/10005805813
This study investigates whether HIV prevalence rates impact TFP growth. We construct a panel of data on general macroeconomic indicators and HIV prevalence rates for over 100 countries, for the years 1994 through 2002, and estimate the impact of HIV on TFP growth rates for each country. We find...
Persistent link: https://www.econbiz.de/10005805814
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In this paper we structurally estimate a game-theoretic model of government formation in a multiparty parliamentary democracy. We focus on the timing and the terms of government agreements in the context of a multilateral stochastic model of sequential bargaining with complete information (Merlo...
Persistent link: https://www.econbiz.de/10005805818
The objective of this study was to examine the effect of nutrition and health on labor productivity for women and men workers on subsistence farm households. The study emerged from the well founded Efficiency Wage Hypothesis which asserts that nutrition affects labor productivity in subsistence...
Persistent link: https://www.econbiz.de/10005805819
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A growth accounting method is used to analyze the sources of growth in China's rice, wheat, corn and soybeans, the four most important crops in China's grain sector, during 1978-97. A large TFP contribution to growth in grain production is found in the period immediately following China's rural...
Persistent link: https://www.econbiz.de/10005805821
Many of the import competing sectors in Moroccan agriculture are protected while water in irrigated agriculture is priced below its marginal value product. Establishing a water market in this pre-trade reform environment can be welfare decreasing. Further, as the shadow price of water is...
Persistent link: https://www.econbiz.de/10005805822