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来源类型Working Paper
规范类型报告
DOI10.3386/w29390
来源IDWorking Paper 29390
The Human Side of Structural Transformation
Tommaso Porzio; Federico Rossi; Gabriella V. Santangelo
发表日期2021-10-25
出版年2021
语种英语
摘要We document that nearly half of the global decline in agricultural employment during the 20th-century was driven by new cohorts entering the labor market. A newly compiled dataset of policy reforms supports an interpretation of these cohort effects as human capital. Through the lens of a model of frictional labor reallocation, we conclude that human capital growth, both as a mediating factor and as an independent driver, led to a sharp decline in the agricultural labor supply. This decline accounts, at fixed prices, for 40% of the decrease in agricultural employment. This aggregate effect is roughly halved in general equilibrium.
主题Labor Economics ; Labor Supply and Demand ; Labor Market Structures ; Unemployment and Immigration ; Industrial Organization ; Market Structure and Firm Performance ; Development and Growth ; Development ; Regional and Urban Economics
URLhttps://www.nber.org/papers/w29390
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/587064
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Tommaso Porzio,Federico Rossi,Gabriella V. Santangelo. The Human Side of Structural Transformation. 2021.
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