본문 바로가기
KERD
논문KCI 등재

A General Equilibrium Skill Acquisitions Model of Development for Lesotho

1

조회

0

다운로드

0

인용

0

참고문헌

주제분류경제학

초록

Abstract

Dual economy, large unemployment, a fixed number of skilled workers, perfect capital mobility, migrant labor force working in South African gold mines, and a cycle of poverty characterize Lesotho. This paper develops a general equilibrium model for Lesotho specifying these absorbing economic characteristics. We are particularly interested in constructing a rising step skill acquisition function, which shows that small infusions of human-capital investment would not pull the economy out of its poverty trap, but a large infusion would.

참고문헌 (18)

  1. "Analytical Development Economics: The Less Developed Economy Revisited" (1997), MIT Press
  2. "Analysis of Household Expenditure" (1988), World Bank Publications
  3. "Protection and the Shadow Price of Foreign Exchange with Increasing Returns and International Capital Mobility", 30(4a), pp.959~967 (1997)
  4. "External Economies of Scale and Competitive Equilibrium Quarterly Journal of Economics 84", pp.347~385 (1970)
  5. "Inequality as a Determinant of Malnutrition and Unemployment", pp.1011~1034 (1986)
  6. "Journal of Political Economy 91", pp.957~978 (1983)
  7. "Lesotho: Development in a Challenging Environment: A Joint World Bank-Africa Development Bank Evaluation" (2002), The World Bank
  8. "Economic Development with Unlimited Supplies of Labor Manchester School of Economics and Social Studies 22", pp.139~191 (1954)
  9. "Labor Turnover and the Natural Rate of Unemployment Journal of Labor Economics 12", pp.276~315 (1994)
  10. "and 22 For example due to a spasmodic as opposed to uniform flow of services in the labor market" (1985)
  11. "shown that a hysterisis-type argument can be developed to demonstrate this stickiness in wage rates"
  12. "The Quarterly Journal of Economics", pp.551~570
  13. "and Voluntary Export Restraints with and without International Mobile Capital Canadian Journal of Economics", pp.714~735 (1988)
  14. "and the Cost of Protection", pp.571~585 (1988)
  15. "Labor Migration in Southern Africa and Agricultural Development Some Lessons from Lesotho Journal of Developing Areas", pp.159~176 (1987)
  16. "Development Economics, Princeton: Princeton University Press. Sen, A. (1987), Standard of Living, Cambridge: Cambridge University Press. Solow, R.M. (1979), “Another Possible Source of Wage Stickiness,”", 1(mics), pp.79~82 (1998)
  17. "“Accumulation of Human Capital in LDCs in the Presence of Unemployment", ” eco(mica), pp.355~378 (1994)
  18. "Kingdom of Lesotho Country Assistance Evaluation", 23 (2001), The World Bank

관련 논문AI추천

이 간행물의 다른 논문 (10건)