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General equilibrium model of international trade has profoundly impacted various sub-disciplines of economics such as development economics, public economics, and environmental economics, among many others. These models continue to inspire younger generations of researchers and are used as...
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Withdrawal of Multi Fibre Arrangement affected the textile and clothing industries worldwide. This chapter studies impact of MFA phase-out on export growth for seven major Asian exporters between 1995 and 2005. We use constant market share analysis to reflect on the conditions of clothing and...
Persistent link: https://www.econbiz.de/10014172490
Studies on formal-informal interactions in the labor markets of developing countries claim that economic reform increases the level of informal activity. Although the extent of such claims differs across countries, it is generally believed that reform is likely to depress informal wage by...
Persistent link: https://www.econbiz.de/10014052354
Does trade liberalisation promote skill formation and positively influence the inflow of foreign capital in an economy? How do incentives offered to foreign capital affect skill formation and skilled-unskilled wage inequality? Is liberalisation of agricultural exports counterproductive to skill...
Persistent link: https://www.econbiz.de/10014060129
Occupational prestige or job status may induce people to remain unemployed even when jobs are available. Thus measured unemployment will always have a voluntary component. Accumulated wealth in a family tends to increase the opportunity cost of job search, more so in a world where job status is...
Persistent link: https://www.econbiz.de/10014076704
India experienced one of the strictest lockdowns during COVID-19 and sections of the workforce seemed overwhelmingly disadvantaged. Given substantial poverty still, marginalized daily wage labor and gendered outcomes in the context of India, economic shocks are expected to have disparate...
Persistent link: https://www.econbiz.de/10014083707
Occupational prestige or job status may induce people to remain unemployed even when jobs are available. Thus measured unemployment will always have a voluntary component. Accumulated wealth in a family tends to increase the opportunity cost of job search, more so in a world where job status is...
Persistent link: https://www.econbiz.de/10013368629
Persistent link: https://www.econbiz.de/10013368886
The ambiguity in the relationship between self-employment and educational attainment is well documented in the literature. Using an extensive individual level dataset from Periodic Labor Force Survey, we estimate the probability of being self-employed in India based on educational attainments....
Persistent link: https://www.econbiz.de/10013471887