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clarifies the mechanism through which the sectoral composition of growth and associated labor intensity can affect workers … differential poverty-reducing impact of sectoral growth at various levels of disaggregation, and the role of unskilled labor … composition matters for poverty alleviation, with the largest contributions from labor-intensive sectors (such as agriculture …
Persistent link: https://www.econbiz.de/10012747900
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gains after trade liberalization depend on the degree of labor market flexibility. In that model, trade protection may … ameliorate the problem of underemployment (and underproduction) in sectors affected by labor market distortions; hence trade … liberalization unambiguously increases per capita income only when labor markets are sufficiently flexible. We then present some …
Persistent link: https://www.econbiz.de/10012466884
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gains after trade liberalization depend on the degree of labor market flexibility. In that model, trade protection may … ameliorate the problem of underemployment (and underproduction) in sectors affected by labor market distortions. Hence, trade … liberalization unambiguously increases per capita income only when labor markets are sufficiently flexible. The authors then present …
Persistent link: https://www.econbiz.de/10014061434
This paper uses a dynamic model to study the effects of technology and learning on the long run economic growth rates of a leading and a lagging region. New technologies are developed in the leading region but technological improvements in the lagging region are the result of learning from the...
Persistent link: https://www.econbiz.de/10014037393
Recent research suggests that the welfare gains that would result from removing restrictions on international migration are large. The long-run impact of a higher level of international migration on the global economy is potentially even larger if it triggers an increase in the global growth...
Persistent link: https://www.econbiz.de/10014025431
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