| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5423 |
| DP5423 Does Bilateralism Promote Trade? Nineteenth Century Liberalization Revisited | |
| Marc Flandreau; Olivier Accominotti | |
| 发表日期 | 2005-12-22 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | We study long-run trends in aggregate market hours of work and shifts across economic sectors within the context of balanced aggregate growth. We show that a model of many goods and uneven TFP growth in market and home production can rationalize the observed falling or U-shaped aggregate hours and structural change across market sectors. The dynamics of market hours are driven by substitutions between home and market production and depend critically on the existence of many market sectors. Extensions show how the model can explain rising leisure and more complex hours dynamics without violating balanced aggregate growth. |
| 主题 | International Macroeconomics |
| 关键词 | Hours of work Labour supply Structural transformation Home production Marketization Balanced growth |
| URL | https://cepr.org/publications/dp5423 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534280 |
| 推荐引用方式 GB/T 7714 | Marc Flandreau,Olivier Accominotti. DP5423 Does Bilateralism Promote Trade? Nineteenth Century Liberalization Revisited. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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