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We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output … estimation concerns, we estimate an elasticity of housing production with respect to non-land inputs of about 0.80 …
Persistent link: https://www.econbiz.de/10012978173
Tanah bengkok (bengkok land) in Java, Indonesia boasts a unique institution where elected village leaders receive usufruct rights to a parcel of land owned by the village, in lieu of salary. Despite its relevance to the political economy of land distribution in Java, unavailability of systematic...
Persistent link: https://www.econbiz.de/10012825593
land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also …
Persistent link: https://www.econbiz.de/10013096770
Land requisition has been an important process by which Chinese local governments promote urbanization and generate revenue. This study investigates the impacts of land requisition on farmers' decisions of labor allocation between agricultural and non-agricultural sectors. We argue that,...
Persistent link: https://www.econbiz.de/10012960251
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/10013317335
Like most other developing countries, China experiences huge migration outflows from rural areas. Their most striking characteristic is a high geographical and temporal mobility. Rural migrants keep going back and forth between origin villages and destination areas. In this paper, we show that...
Persistent link: https://www.econbiz.de/10013149505
We measure the impact of individuals' looks on their life satisfaction or happiness. Using five data sets from the U.S., Canada, the U.K., and Germany, we construct beauty measures in different ways that allow putting a lower bound on the true effects of beauty on happiness. Personal beauty...
Persistent link: https://www.econbiz.de/10013127722
In the last decades, international trade has increased between industrialised countries and between high- and low-wage countries. This important change has raised questions on how international trade affects the labour market. In this spirit, this paper aims to investigate the impact of...
Persistent link: https://www.econbiz.de/10013127724
We develop a collective household model with spousal matching in which there exists marital gains to assortative matching and marriage quality for each couple is revealed ex post. Changes in alimony laws are shown to affect existing couples and couples-to-be differently. For existing couples,...
Persistent link: https://www.econbiz.de/10013127939
This paper presents the first empirical evidence on the effect of the threat of unionisation on the use of a predominantly non-union type of employment, i.e. temporary employment. The identification strategy exploits an exogenous variation in union threat induced in the UK by new legislation...
Persistent link: https://www.econbiz.de/10013128214