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Checkerboards and coase : transactions costs and efficiency in land markets

Akee, Randall (contributor) - 2006

The Coase theorem emphasizes the role transactions costs play in efficient market outcomes. We document inefficient outcomes, in the presence of a transactions cost, in southern California land markets and the corresponding transition to efficient outcomes after the transactions cost is...

Persistent link: https://www.econbiz.de/10003499221

Customary land conversion in African cities

Picard, Pierre M.; Selod, Harris - 2023

We propose an urban land use model to discuss the conversion of customary agricultural land to formal and informal residential land in a developing country city. Because customary land sales are insecure, migrant buyers face a risk of eviction, which affects land markets in non-trivial ways....

Persistent link: https://www.econbiz.de/10014366155

Land markets and labor productivity : empirical evidence from China

Zhang, Jian; Mishra, Ashok K.; Zhu, Peixin - 2023

This study investigates the impact of the land rental market (LRM) on labor productivity in rural China. Particular attention is given to farm and non-farm labor productivity. Using 2012 household-level data and a multinomial endogenous switching treatment regression (MESTR) technique, we find...

Persistent link: https://www.econbiz.de/10014423480

Brilliant technologies and brave entrepreneurs : a new narrative for African manufacturing

Naudé, Wim - 2018

In this paper I argue that the manufacturing sector still has an important role to play in Africa's development. Despite failing to industrialize in the past, there may be a new window of opportunity. This is due to the convergence of what has been called "brilliant" new technologies associated...

Persistent link: https://www.econbiz.de/10011949049

Human capital externalities with monopsonistic competition

Kaas, Leo (contributor) - 2008

This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions. -- Externalities ; human capital ; multiple equilibria

Persistent link: https://www.econbiz.de/10003759894

Technical change and total factor productivity growth for Chinese provinces : a panel data analysis

Shiu, Alice (contributor); Heshmati, Almas (contributor) - 2006

compared with the western region. Foreign direct investment (FDI) and information and communication technology (ICT) investment …

Persistent link: https://www.econbiz.de/10003323158

Technological capabilities and patterns of cooperation of UK firms : a regional investigation

Iammarino, Simona; Piva, Mariacristina; Vivarelli, Marco; … - 2009

highlighted within the UK Government's framework for Science & Technology. -- Cooperation for innovation ; technological …

Persistent link: https://www.econbiz.de/10003831766

Employment and exchange rates : the role of openness and technology

Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - 2009

and with the technology level. This paper contributes by bringing together these two views, both theoretically and … empirically. We show that both the degree of openness and the technology level mediate the impact of exchange rate movements on … labour market developments. According to our estimations, whereas employment in high-technology sectors seems to be …

Persistent link: https://www.econbiz.de/10003847163

Technology and the demand for skill : an analysis of within and between firm differences

Abowd, John M.; Haltiwanger, John C.; Lane, Julia; … - 2007

We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated … unobservable components within each business for each year from 1992 to 1997. We measure technology using variables from the Annual … between advanced technology and skill in a cross-sectional analysis of businesses in both sectors. The more comprehensive …

Persistent link: https://www.econbiz.de/10003578359

Technical change and total factor productivity growth : the case of Chinese provinces

Heshmati, Almas; Kumbhakar, Subal - 2010

trend (purely external non-economic) as well as other exogenous (external economic) factors (technology shifters). We define … technology index based on the external economic factors which are indicators of ‘technology’. Thus our definition of production … function is amended to accommodate several technology shifters which are not separable from the traditional inputs. That is …

Persistent link: https://www.econbiz.de/10003941555