|
EconStor >
Verein für Socialpolitik >
Ausschuss für Entwicklungsländer, Verein für Socialpolitik >
Proceedings of the German Development Economics Conference, 2007 (Göttingen) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/19871
|
| | |
| Title: | | An Occupational Choice Model for Developing Countries  |
| Authors: | | Gerardo Jacobs |
| Issue Date: | | 2007 |
| Series/Report no.: | | Proceedings of the German Development Economics Conference, Göttingen 2007 / Verein für Socialpolitik, Research Committee Development Economics 15 |
| Abstract: | | Most occupational choice models introduce only two options for agents: entrepreneurial activities or wage-employment. However, these models represent inadequately the labor force distribution from developing countries, where an important proportion of the total work force are self-employed workers. Some models introduce self-employment as an occupational choice. These works have a common feature : at equilibrium, wage earners belong to the lower end of the income distribution. However, for a large set of developing countries, peasants and small proprietors are part of a self employment sector that can mostly be found in the lower end of the income distribution. In this work, in contrast with previous efforts, self-employment formation is consistent with data from most developing countries. We pay special attention to the conditions under which either the economy ends in a low income equilibrium, where self-employment is the only form of production; or alternatively, a high income equilibrium with a well developed labor market. We study some public policy issues, paying special attention to role of capital markets and the efficiency of schooling. |
| Subjects: | | Occupational Choice Human Capital Economic Development General Equilibrium |
| JEL: | | O12 J24 |
| Document Type: | | Conference Paper |
| Appears in Collections: | | Proceedings of the German Development Economics Conference, 2007 (Göttingen)
|
| Files in This Item:
| |
| File |
Description |
Size | Format |
| Jacobs.pdf | | 247.65 kB | Adobe PDF |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/19871
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|