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How important are dual economy effects for aggregate productivity?


How important are dual economy effects for aggregate productivity?

The dual economy theory suggests that, prima facie, factor market inefficiencies exist within the economy. This lowers overall productivity and income by ...

How important are dual economy effects for aggregate productivity?

The dual economy model suggests that aggregate productivity is depressed by having too many factors allocated to low productivity work in agriculture. Data show ...

How Important are Dual Economy Effects for Aggregate Productivity?

The dual economy model suggests that aggregate productivity is depressed by inefficient factor markets that allocate too many factors to low productivity work ...

How Important are Dual Economy Effects for Aggregate Productivity?

This paper brings together development accounting techniques and the dual economy model to address the role that factor markets have in creating variation ...

How Important Are Dual Economy Effects for Aggregate Productivity?

Abstract ... The dual economy model suggests that aggregate productivity is depressed by having too many factors allocated to low productivity work in agriculture ...

The dual economy in long-run development - PMC - PubMed Central

In contrast, manufacturing productivity increases will not only industrialize the economy, but induce agricultural workers to act more like manufacturing ...

Measuring Aggregate Agricultural Labor Effort in Dual Economies

Research suggests that these differences - often denoted a “dual economy” effect — can explain a significant portion of low output per capita ...

How important are dual ecomomy effects for aggregate productivity?

Authors:Dietrich Vollrath · Publication Year:2009 · Citation:Vollrath, D. (2009). How important are dual economy effects for aggregate productivity? Journal of ...

Dual Economies and International Total Factor Productivity Differences

However, LANDLOCK continues to wield a significant negative effect on both aggregate TFP and relative sectoral efficiency (with the size of the coefficient ...

(PDF) How Important Are Dual Economy Effects for Aggregate

How Important Are Dual Economy Effects for Aggregate Productivity? by Dietrich Vollrath published in Journal of Development Economics.

Dual Economies and International Total Factor Productivity Differences

If a significant portion of aggregate TFP reflects variations in composition effects then clearly one can conclude that intersectoral differences are ...

Measuring Aggregate Agricultural Labor Effort in Dual Economies

“How Important are Dual Economy Effects for Aggregate Productivity?” Journal of Development Economics 88:325-334. [16] Vollrath, Dietrich ...

(PDF) The dual economy in long-run development - ResearchGate

important source of growth in output per capita. ... 1The literature on economic growth has numerous examples of multi-sector models. Matsuyama (1992), Laitner ( ...

Mandated Benefits, Employment, and Inequality in A Dual Economy

Wage rigidity (due, say, to the minimum wage) prevents this downward adjustment at the bottom of the income distribution. As a result, formal sector jobs at the ...

Labor productivity, capital accumulation, and aggregate efficiency ...

How important are dual economy effects for aggregate productivity? Journal of Development Economics, 88(2):325–334. Vollrath, D. (2014). Is ...

The dual economy in long-run development - SpringerLink

The apparent differences in productivity between sectors imply substantial losses in aggregate productivity. Existing theories of the dual ...

Dual Economies and International Total Factor Productivity Differences

Our estimates overwhelmingly suggest that the beneficial effects that institutions, geography and to some extend trade seem to have on aggregate TFP is ...

Dual Economies and International Total Factory Productivity

We provide a framework which maps the composition of the economy to measured aggregate TFP. A decomposition analysis suggests that as much as 85 percent of the ...

Stagnation or transformation of a dual economy through ...

Abstract. A growth model is developed for an open dual economy. The economy expands owing to a higher growth rate of labour productivity in the modern sect.

[PDF] The Agricultural Productivity Gap - Semantic Scholar

How Important are Dual Economy Effects for Aggregate Productivity? Dietrich Vollrath. Economics. Journal of development economics. 2009. TLDR.