Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15110 |
DP15110 The Human Side of Structural Transformation | |
TOMMASO PORZIO; Federico Rossi; Gabriella Santangelo | |
发表日期 | 2020-07-30 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We show that the global human capital increase during the 20th-century contributed to structural transformation. We document that almost half of the decline in aggregate agricultural employment was driven by new birth cohorts entering the labor market. We use data on educational attainment and compile a comprehensive list of policy reforms to interpret the differences in agricultural employment across cohorts. We find that the increase in schooling led to a sharp reduction in the agricultural labor supply by equipping younger cohorts with skills more valued out of agriculture. Interpreted through an equilibrium model of frictional labor reallocation, these facts imply that human capital growth accounts for about 20% of the global decline in agricultural employment. |
主题 | Development Economics ; Labour Economics ; Macroeconomics and Growth |
URL | https://cepr.org/publications/dp15110 |
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/544069 |
推荐引用方式 GB/T 7714 | TOMMASO PORZIO,Federico Rossi,Gabriella Santangelo. DP15110 The Human Side of Structural Transformation. 2020. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。