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which negatively affect labor productivity in local natural resource-dependent activities. In our paper, we consider a small …
Persistent link: https://www.econbiz.de/10010641400
This paper presents a model which takes into account two main factors that have been partially neglected by the economic development literature: the environmental externalities of human activities and agents' heterogeneity in terms of asset endowment and, consequently, in terms of income source...
Persistent link: https://www.econbiz.de/10005835828
two classes (the rich and the poor) and characterized by the following stylized facts: income and productivity of the …
Persistent link: https://www.econbiz.de/10005449522
if productivity of the physical capital-intensive sector increases but its rate of environmental impact remains …
Persistent link: https://www.econbiz.de/10010594464
In this paper we examine the role played by environmental externalities in shaping the dynamics of a small open economy with two sectors (a farming sector and an industrial one), free inter-sectoral labor mobility and heterogeneous agents (workers/farmers and industrial entrepreneurs). We find...
Persistent link: https://www.econbiz.de/10010615430
In this paper we examine the role played by environmental externalities in shaping the dynamics of an economy with two sectors (a farming sector and an industrial one), free inter-sectoral labor mobility and heterogeneous agents (workers/farmers and industrial entrepreneurs). We find that, in...
Persistent link: https://www.econbiz.de/10011051979
already employed there. Resource-induced structural transformation thus results in higher productivity in manufacturing and … lower productivity in non-manufacturing. We construct and calibrate a two-sector, open economy model of self-selection and … magnitude of sectoral employment and productivity differences between resource-rich and resource-poor regions. The model implies …
Persistent link: https://www.econbiz.de/10010679149
Models of economic growth are typically based on the use of one or more stocks of productive assets to create goods for utility-generating consumption. The roles played by man-made capital, natural capital and human capital have been explored, often separately, in the literature, and more...
Persistent link: https://www.econbiz.de/10010561316
La reducción de la pobreza, que afecta a más de un tercio de la población en América Latina y el Caribe, es un objetivo prioritario de las políticas públicas. A partir de un breve diagnóstico de la pobreza, este artículo discute los elementos de una estrategia integral para reducirla,...
Persistent link: https://www.econbiz.de/10010842548
productivity gap" suggests that labor is greatly misallocated across sectors. In this paper, we draw on new micro evidence to ask …
Persistent link: https://www.econbiz.de/10010950838