Traditionally, the analysis of labor market adjustment refers to the interaction between the demand and the supply for labor, e.g., between employers and job seekers. The labor market is said to 'clear' when the wage and labor force participation adjust so that supply and demand are equal....

Existing research on tournament-style contests suggests that mechanisms to sort contestants by ability level are unnecessary in the case of linear relative-performance contracts. This paper suggests that this result stems from uniform treatment of workers' marginal returns from effort, marginal...

We have proposed and estimated a Heckman-type two stage model with legal status of farm workers using an ordered probit model in the first stage and a duration model in the second stage. Using the National Agricultural Workers Survey, self-reported legal status categories are: unauthorized,...

Understanding the impact of human capital on small business development is crucial to both entrepreneurs and the entities that serve them. The objective of this study, therefore, is to determine the impact of human capital on entrepreneurs who are approaching firm birth, in order to provide...

Recently, discussion had reemerged over the value of integrated pest and crop management training, through intensive approaches such as farmer field schools or participatory training, as a development approach (Feder et al, 2004). This paper develops a model of human capital accumulation through...

A multi-output cost function approach to induced innovation is adopted to analyze the impact of socioeconomic variables and institutional factors on technological change in agriculture. Focusing on the impact of immigration policy and farm mechanization, the study includes variables such as H-2A...

This paper presents a case study of a sample of Mexican agricultural workers in Southern California based on primary data collected by the authors from rural areas around Bakersfield. The ultimate aim of this study is to characterize and explore more deeply the complex array of variables that...

This study explores how human capital affects farm household earnings using two tools to refine measurement of human capital effects. First, it employs a two-sector model to allow the allocation of family labor between farm and non-farm activities. Second, it accounts for village fixed effects...

The institutional economic appraisal conducted in this paper confirms that equity schemes are subject to institutional incompleteness as proposed in ICT. The incompleteness stem from the lack of verifiability related to social capital, embeddedness, governance and micro performance. In addition,...

The purpose of this report is to estimate short-and long-run labor market adjustments associated with employment change for South Carolina counties. An appreciation of the source of employees for new jobs enables community leaders to better select the appropriate level of industrial incentives...