Share

The Role of Productivity, Transportation Costs, and Barriers to Intersectoral Mobility in Structural Transformation

2015-04-30 Business & Economics
Download The Role of Productivity, Transportation Costs, and Barriers to Intersectoral Mobility in Structural Transformation PDF Online Free

Author :
Release : 2015-04-30
Genre : Business & Economics
Kind : eBook
Book Rating : 057/5 ( reviews)

GET EBOOK


Book Synopsis The Role of Productivity, Transportation Costs, and Barriers to Intersectoral Mobility in Structural Transformation by : Cem Karayalcin

Download or read book The Role of Productivity, Transportation Costs, and Barriers to Intersectoral Mobility in Structural Transformation written by Cem Karayalcin. This book was released on 2015-04-30. Available in PDF, EPUB and Kindle. Book excerpt: The process of economic development is characterized by substantial reallocations of resources across sectors. In this paper, we construct a multi-sector model in which there are barriers to the movement of labor from low-productivity traditional agriculture to modern sectors. With the barrier in place, we show that improvements in productivity in modern sectors (including agriculture) or reductions in transportation costs may lead to a rise in agricultural employment and through terms-oftrade effects may harm subsistence farmers if the traditional subsistence sector is larger than a critical level. This suggests that policy advice based on the earlier literature needs to be revised. Reducing barriers to mobility (through reductions in the cost of skill acquisition and institutional changes) and improving the productivity of subsistence farmers needs to precede policies designed to increase the productivity of modern sectors or decrease transportation costs.

The Role of Productivity, Transportation Costs, and Barriers to Intersectoral Mobility in Structural Transformation

2015-04-30 Business & Economics
Download The Role of Productivity, Transportation Costs, and Barriers to Intersectoral Mobility in Structural Transformation PDF Online Free

Author :
Release : 2015-04-30
Genre : Business & Economics
Kind : eBook
Book Rating : 561/5 ( reviews)

GET EBOOK


Book Synopsis The Role of Productivity, Transportation Costs, and Barriers to Intersectoral Mobility in Structural Transformation by : Cem Karayalcin

Download or read book The Role of Productivity, Transportation Costs, and Barriers to Intersectoral Mobility in Structural Transformation written by Cem Karayalcin. This book was released on 2015-04-30. Available in PDF, EPUB and Kindle. Book excerpt: The process of economic development is characterized by substantial reallocations of resources across sectors. In this paper, we construct a multi-sector model in which there are barriers to the movement of labor from low-productivity traditional agriculture to modern sectors. With the barrier in place, we show that improvements in productivity in modern sectors (including agriculture) or reductions in transportation costs may lead to a rise in agricultural employment and through terms-oftrade effects may harm subsistence farmers if the traditional subsistence sector is larger than a critical level. This suggests that policy advice based on the earlier literature needs to be revised. Reducing barriers to mobility (through reductions in the cost of skill acquisition and institutional changes) and improving the productivity of subsistence farmers needs to precede policies designed to increase the productivity of modern sectors or decrease transportation costs.

IMF Research Bulletin, June 2015

2015-06-18 Business & Economics
Download IMF Research Bulletin, June 2015 PDF Online Free

Author :
Release : 2015-06-18
Genre : Business & Economics
Kind : eBook
Book Rating : 979/5 ( reviews)

GET EBOOK


Book Synopsis IMF Research Bulletin, June 2015 by : International Monetary Fund. Research Dept.

Download or read book IMF Research Bulletin, June 2015 written by International Monetary Fund. Research Dept.. This book was released on 2015-06-18. Available in PDF, EPUB and Kindle. Book excerpt: In the June 2015 issue, the Research Summaries review "Migration: An Attractive Insurance Option in African Countries" (Ahmat Jidoud) and "Investment in Emerging Markets" (Nicolas E. Magud and Sebastian Sosa). The Q&A looks at "Seven Questions on Islamic Finance” (Inutu Lukonga). The Bulletin also includes its regular listings of recent IMF Working Papers and Staff Discussion Notes, as well as information on the "IMF Economic Review." A new IMF eLibrary discussion site on energy and climate change is highlighted, along with new recommendations from IMF Publications.

Growth and Structural Transformation

2020-03-17 History
Download Growth and Structural Transformation PDF Online Free

Author :
Release : 2020-03-17
Genre : History
Kind : eBook
Book Rating : 195/5 ( reviews)

GET EBOOK


Book Synopsis Growth and Structural Transformation by : Kwang Suk Kim

Download or read book Growth and Structural Transformation written by Kwang Suk Kim. This book was released on 2020-03-17. 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.

Does What You Export Matter?

2012-06-18 Business & Economics
Download Does What You Export Matter? PDF Online Free

Author :
Release : 2012-06-18
Genre : Business & Economics
Kind : eBook
Book Rating : 910/5 ( reviews)

GET EBOOK


Book Synopsis Does What You Export Matter? by : Daniel Lederman

Download or read book Does What You Export Matter? written by Daniel Lederman. This book was released on 2012-06-18. Available in PDF, EPUB and Kindle. Book excerpt: Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy. Second, and central to their critique, the authors document extraordinary differences in the performance of countries exporting seemingly identical products, be they natural resources or 'high-tech' goods. Further, they argue that globalization has so fragmented the production process that even talking about exported goods as opposed to tasks may be misleading. Reviewing evidence from history and from around the world, the authors conclude that policy makers should focus less on what is produced, and more on how it is produced. They analyze alternative approaches to picking winners but conclude by favoring 'horizontal-ish' policies--for instance, those that build human capital or foment innovation in existing and future products—that only incidentally favor some sectors over others.

You may also like...