Urban Unemployment, Intersectoral Capital Mobility and Development Policy

Corden, W. Max; Findlay, Ronald

doi:10.2307/2552986

Cited by 345 publications

(168 citation statements)

References 10 publications

Supporting

Mentioning

158

Contrasting

Unclassified

Order By: Relevance

“…For the basic 2 × 2 model of trade theory, with two goods and two factors, where the factors are both mobile between sectors, this result is the standard Rybczynski effect. A version of that effect reappears in models with alternative labour market assumptions, such as the open economy version of the Harris-Todaro model studied by Corden and Findlay (1975).…”

Section: Growth With Limited Geographymentioning

confidence: 98%

Regional Growth and Regional Decline

Breinlich

Ottaviano

Temple

2014

Handbook of Economic Growth

View full text Add to dashboard Cite

Since the early 1990s, there has been a renaissance in the study of regional growth, spurred by new models, methods and data. We survey a range of modelling traditions, and some formal approaches to the 'hard problem' of regional economics, namely the joint consideration of agglomeration and growth. We also review empirical methods and findings based on natural experiments, spatial discontinuity designs, and structural models. Throughout, we give considerable attention to regional growth in developing countries. Finally, we highlight the potential importance of processes that are specific to regional decline, and which deserve greater research attention.

show abstract

Section: Growth With Limited Geographymentioning

confidence: 98%

Regional Growth and Regional Decline

Breinlich

Ottaviano

Temple

2014

Handbook of Economic Growth

View full text Add to dashboard Cite

show abstract

“…Their model was first extended by Fields (1975), which allowed for on-the-job search from rural agriculture, the existence of an urban informal sector, preferential hiring of the better-educated, and employment fixity. The model has subsequently been extended and generalized to allow for duality within the rural sector, mobile capital, endogenous urban wage setting, riskaversion, a system of demand for goods, and many other factors (Corden and Findlay, 1975;Calvo, 1978;Moene, 1988Moene, , 1992Khan, 1989;Fields, 1989;Chakravarty and Dutta, 1990;Bourguignon, 1990;Basu, 1997).…”

Section: Model and Extensions Of Itmentioning

confidence: 99%

Segmented Labor Market Models in Developing Countries

Fields

2009

The Oxford Handbook of Philosophy of Economics

View full text Add to dashboard Cite

Labor markets are important, because most people, especially the poor, derive all or the great bulk of their income from the work they do. This paper approaches labor markets through models of segmented labor markets. The first main substantive section presents the essence of segmented labor market modeling, in particular, the role of labor market dualism. Given that labor markets often consist of quite distinct segments, a useful and insightful analytical approach is to start with just two interrelated segments, which here are termed formal and informal. Accordingly, the next sections present models of wages and employment in the formal sector, the informal sector, and the linkages between the two respectively. The final substantive section shows the contributions that these models make to understanding and policy analysis in labor markets. It would not be expected that the same model would fit East Africa and East Asia or South Africa and South Korea. Surely, the "correct" model is context-specific. Blending empirical observation and analytical modeling has yielded great advances. Sound labor market policies require sound labor market models. AbstractLabor markets are important, because most people, especially the poor, derive all or the great bulk of their income from the work they do. This paper approaches labor markets through models of segmented labor markets.

show abstract

“…Corden and Findlay (1975) formulated the mobile-capital HT model. However, the model has the property that labor growth causes unemployment to fall and capital accumulation causes it to rise.…”

Section: Proposition 1: the Increase In Foreign Unskilled Labor Incrementioning

confidence: 99%

“…Thus, the problem of unemployment of the younger generation can be analyzed by adopting their approach. Various aspects of the Harris-Todaro (hereafter "HT") model have been discussed by several trade theorists such as Bhagwati and Srinivasan (1974), Corden and Findlay (1975), Khan (1980), Batra and Naqvi (1987), Beladi and Naqvi (1988), Hazari and Sgro (1991), Marjit (1991), Neary (1981), Gupta (1993), Yabuuchi (1993), Chao and Yu (1996) and Chaudhuri (2005).…”

Section: Introductionmentioning

confidence: 99%

“…This analysis is an extension of the mobile-capital HT model developed by Corden and Findlay (1975) and followed by Batra and Naqvi (1987) and Yabuuchi (2006) among others. Yabuuchi (2006) introduces the difference between skilled-labor and unskilled-labor and the third sector into the standard mobile-capital HT model and analyzes the relation between unemployment and the international movement of two types of labor and capital by paying special attention to the existence of the third sector as a labor absorbing sector.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Someday My Prince Will Come: Unemployment, Income Transfer and International Factor Movement

Yabuuchi

2007

Asia-Pacific Journal of Accounting & Economics

View full text Add to dashboard Cite

Unemployment has been observed in developed countries as well as developing countries. The unemployed in the developed countries can be characterized as being dependent because they have excessive expectations of their jobs and rely on others for a living. This type of unemployment has been increasing, particularly among the younger generation in industrialized countries, for example, Japan. On the other hand, there has been an extensive movement of labor among countries. Thus, this paper investigates the effects of international labor (as well as capital) movement on unemployment, particularly when there is income transfer to the unemployed workers.JEL Classification: F16, J61, R13

show abstract

Urban Unemployment, Intersectoral Capital Mobility and Development Policy

Cited by 345 publications

References 10 publications

Regional Growth and Regional Decline

Regional Growth and Regional Decline

Segmented Labor Market Models in Developing Countries

Someday My Prince Will Come: Unemployment, Income Transfer and International Factor Movement

Contact Info

Product

Resources

About