An Occupational Choice Model for Developing Countries

Konferenzbeitrag

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.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Proceedings of the German Development Economics Conference, Göttingen 2007 ; No. 15

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Microeconomic Analyses of Economic Development ; Human Capital; Skills; Occupational Choice; Labor Productivity
• Thema: Occupational Choice ; Human Capital ; Economic Development ; General Equilibrium

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Gerardo Jacobs
• Ereignis: Veröffentlichung
• (wer): Verein für Socialpolitik, Ausschuss für Entwicklungsländer
• (wo): Göttingen
• (wann): 2007

Weitere Informationen

• Handle: http://hdl.handle.net/10419/19871
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ