Download or read book A Multi sector Model of Development written by Prabir Bhattacharya and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Multi sector Model of Employment and Development written by Prabir C. Bhattacharya and published by . This book was released on 1985 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Multi sector Model of Employment Migration and Development written by Prabir C. Bhattachharya and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Multi sector Model of Employment Migration and Development written by Prabir C. Bhattachharya and published by . This book was released on 1987 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Multisector Growth Models written by Terry L. Roe and published by Springer Science & Business Media. This book was released on 2009-10-03 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary objective of this book is to advance the state of the art in specifying and ?tting to data structural multi-sector dynamic macroeconomic models, and empirically implementing them. The fundamental construct upon which we build is the Ramsey model. A most attractive feature of this model is the insights it provides into the dynamics of an economy in tr- sition to long-run equilibrium. With some exceptions, Ramsey models are highly aggregated – typically single sector models. However, interest often lies in understanding the forces of e- nomic growth across multiple sectors of an economy and on how policy impacts likely play out over time. Such analyses call for moredisaggregatedmodelsthatcanbe?ttocountryorregional data.Thisbookshowshowto:(i)extendthebasicmodeltom- tiple sectors, (ii) how to adapt the basic model to account for policy instruments, and (iii) ?t the model to data, and obtain equilibrium values both forward and backward in time from the data points to which the model is initially ?t.

Download or read book A Multi sector Adaptive Model of Economic Development and Rural urban Migration written by Yiu-Kwan Fan and published by . This book was released on 1974 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Multi sector Adaptive Model of Economic Development and Rural urban Migration written by and published by . This book was released on 1974 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Multi sector Models for Development Planning a Survey written by Stanford University. Institute for Mathematical Studies in the Social Sciences and published by . This book was released on 1973 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Development Patterns in Multi Sector Growth Models written by Bernabé Edgar Cruz González and published by . This book was released on 2016 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Common patterns of structural change in the sectoral composition of production, consumption and labor force are observed across countries during the economic development process. These patterns of change consist mainly of a large shift of employment, production and consumption from agriculture to manufacturing, and then from manufacturing to the service sector. This process of structural transformation or structural change has been extensively documented. Empirical evidence shows that the decline in the employment share of agriculture and the increase in employment share of service is a systematic feature in both developed and developing countries. In this regard, there is a growing literature that investigates the economic factors explaining both economic growth and structural change in a general equilibrium framework. Based on their assumptions on the structure of preferences and the sectoral production technologies, models of structural change are classified in two broad approaches: the demand and the supply explanations of structural change. The demand-based explanation emphasizes the role of changes in the composition of the demand on structural change. In this branch of the literature, demand changes are based on the assumption of cross-sector differences in income-elasticity of the demand. Therefore, structural change is driven by the Engel law: as income rises, demand for agriculture goods decreases and less labor is demanded in the agriculture sector to produce goods. Thus, labor moves to those sectors that are facing an increasing demand for goods and services. Consequently, the shares of employment and value added in agriculture decrease as income increases, which is consistent with empirical evidence. The supply-based explanation emphasizes the role of technological differences across sectors to explain structural transformations. In this branch of the literature, sectoral differences in the growth rates of total factor productivity (TFP), on the one hand, and sectoral differences in physical capital intensity, on the other hand, drive structural change. In the first case, when there are only sectoral differences in the pace of technological progress, less labor is required to produce goods in the progressive sectors (those sectors with the highest TFP growth rates) and labor moves from the progressive to the stagnant sectors (those sectors with the lowest TFP growth rates). In the second case, as capital deepening takes place, less labor is demanded to produce goods in the capital-intensive sectors and labor moves from these sectors to the labor-intensive ones. This thesis contributes to the literature on economic growth and structural change by analyzing three novel mechanisms. The three self-contained chapters of this Thesis analyze the effects non-constant technological progress, human capital accumulation, and changes in the uses of time on structural change and their implications on economic growth. The first chapter analyses the effect of technological adoption on structural change. The observed differences in the patterns of industrialization are explained based on sectoral differences in the adoption of technologies. This chapter makes to clear contributions to related literature. First, a technological adoption function is estimated at the sectoral level. Second, the equilibrium of a model of structural change with non-constant biased technological change is characterized. The comparison with the results obtained in the literature show that this model with adoption has a better performance in explaining the patterns of structural change. The second chapter analyses the effect of human capital accumulation on the sectoral composition of employment. To this end, it develops a multisector growth model with human capital accumulation. The main contribution is to show that the initial imbalance between physical and human capital determines the patterns of structural change. The analysis of this chapter is challenging, which shows the huge capacity of Edgar to work with different growth models. The third chapter analyses how the increase in leisure time contributes to explain the rise of the service sector. This chapter makes three contributions. First, using input-output data, it measures the size and evolution of the sector of recreational services. These are services consumed during the leisure time. It is shown that the increase in the time devoted to leisure is parallel to the increase in the consumption of recreational services. Second, a multisector exogenous growth model is used to show that taking into account the interaction between leisure and recreational services improves the performance of multisector growth models in explaining the patterns of structural change. Finally, this model is used to show that labor income taxes may explain cross-country differences in both leisure time and the sectoral composition of employment.

Download or read book Growth and Structural Transformation written by Kwang Suk Kim and published by BRILL. This book was released on 2020-03-17 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.

Download or read book The Structure of Development in the Soviet Union written by Antonio Maria Costa and published by . This book was released on 1973 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Regional models of trade and development written by B.S.M. Berendsen and published by Springer. This book was released on 2011-10-12 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1.1. THE PURPOSE OF THE STUDY This study deals with regional co-operation among developing By regional co-operation is countries and its potential benefits. meant any form of concerted action by the countries of a region aimed at a fuller utilization of their growth potential. Such con certed action may consist of various kinds of economic policy measures regarding production, investment and foreign trade. In this sense, regional co-operation is to be regarded as a facet of the participating countries' overall development strategy. Unlike other studies in this field, dealing with integration among developing countries and focussing attention on the planning of such integra tion (see, e.g., Mennes 1972), the present study concentrates on the effect of integration and co-ordination policies on the structure of intra-and extra-regional trade. Very often large differences exist among developing countries with respect to various aspects of economic development, e.g., the structure of demand, the structure of capital formation and the growth rates of individual sectors. Such divergencies call for the utilization of a multi-country, multi-sector model that will enable a better co-ordination of production and investment policies. Atten tion should thereby be given to the pattern of intra-regional specialization that will result from such a co-ordinated policy.

Download or read book Optimum Growth Multi sector Models and Turnpikes written by Yosef Grisi and published by . This book was released on 2014 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Job Creation in a Multi sector Labor Market Model for Developing Economies written by Arnab Basu and published by . This book was released on 2016 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes an overlapping generations multi-sector model of the labor market for developing countries with three heterogeneities -- heterogeneity within self-employment, heterogeneity in ability, and heterogeneity in age. We revisit an iconic paradox in a class of multisector labor market models in which the creation of high-wage employment exacerbates unemployment. Our richer setting allows for generational differences in the motivations for job search to be reflected in two distinct inverted U-shaped relationships between unemployment and high-wage employment, one for youth and a different one for adults. In turn, the relationship between overall unemployment and high-wage employment is shown to be non-monotonic and multi-peaked. The model also sheds light on the implications of increasing high-wage employment on self-employed workers, who make up most of the world's poor. Nonmonotonicity in unemployment notwithstanding, increasing high-wage employment has an unambiguous positive impact on high-paying self-employment, and an unambiguous negative impact on free-entry (low-wage) self-employment.

Download or read book Transitional Dynamics in a Multi Sector Ramsey Model with Non Homothetic Preferences written by Denis Stijepic and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent literature studies structural change in neoclassical multi-sector growth models. The literature focuses on the analysis of dynamic equilibriums (“aggregate balanced growth paths”). We study the transitional dynamics of a multi-sector Ramsey-model with non-homothetic preferences and inter-sector technology disparity. We show that the model converges to the aggregate balanced growth path only for a subset of feasible initial capital values (“convergent range”). Outside the convergent range the economy is in development traps. Within the convergent range the transitional dynamics are quantitatively different from the transitional dynamics of a standard one-sector Ramsey-model due to feedbacks between aggregate dynamics and structural change.

Download or read book A Multi sector Simulation Model of Soviet Economics Development written by Robert C. Allen and published by . This book was released on 1997 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Handbook of Computable General Equilibrium Modeling written by Peter B. Dixon and published by Newnes. This book was released on 2013-11-14 with total page 1143 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of 17 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. Presents coherent summaries of CGE theories that inform major model types Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results Shows how CGE modeling has made a contribution to economic policy