Data and Code for: The Human Side of Structural Transformation
Principal Investigator(s): View help for Principal Investigator(s) Tommaso Porzio, Columbia University; Federico Rossi, University of Warwick; Gabriella Santangelo, University of Cambridge
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
| AER_Replication | 06/20/2022 11:01:AM |
Project Citation:
Porzio, Tommaso, Rossi, Federico, and Santangelo, Gabriella . Data and Code for: The Human Side of Structural Transformation. Nashville, TN: American Economic Association [publisher], 2022. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2022-07-19. https://doi.org/10.3886/E165042V1
Project Description
Summary:
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We document that nearly half of the global decline in agricultural employment was driven by new cohorts entering the labor market. A new dataset of policy reforms supports an interpretation of these cohort effects as human capital. Using a model of frictional labor reallocation, we conclude that human capital growth led to a sharp decline in the agricultural labor supply, accounting, at fixed prices, for 40% of the decrease in agricultural employment. This aggregate effect is halved in general equilibrium and it reflects the role of human capital as both a mediating factor and an independent driver of labor reallocation.
Scope of Project
JEL Classification:
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J24 Human Capital; Skills; Occupational Choice; Labor Productivity
J43 Agricultural Labor Markets
J62 Job, Occupational, and Intergenerational Mobility; Promotion
O11 Macroeconomic Analyses of Economic Development
O14 Industrialization; Manufacturing and Service Industries; Choice of Technology
O18 Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
O41 One, Two, and Multisector Growth Models
Q11 Agriculture: Aggregate Supply and Demand Analysis; Prices
J24 Human Capital; Skills; Occupational Choice; Labor Productivity
J43 Agricultural Labor Markets
J62 Job, Occupational, and Intergenerational Mobility; Promotion
O11 Macroeconomic Analyses of Economic Development
O14 Industrialization; Manufacturing and Service Industries; Choice of Technology
O18 Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
O41 One, Two, and Multisector Growth Models
Q11 Agriculture: Aggregate Supply and Demand Analysis; Prices
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