We found a match
Your institution may have rights to this item. Sign in to continue.
- Title
The Impacts of Rural Property Rights on Urban Unemployment, Wage Inequality, and Welfare in Developing Countries.
- Authors
Jiancai Pi; Yang Ge; Jun Yin
- Abstract
This paper establishes a three-sector general equilibrium model to explore how rural property rights influence urban unemployment, skilled-unskilled wage inequality and social welfare in developing countries. Strengthened rural property rights generate the rent-gaining effect and the productivity-enhancing effect, and the interaction of these two effects determines the changes of urban unemployment, skilled-unskilled wage inequality and social welfare. In addition to the aforementioned two effects, the agricultural sector's wage elasticity of unskilled labor demand also matters for the change of wage inequality.
- Subjects
PROPERTY rights; UNEMPLOYMENT; SOCIAL services; COMPUTABLE general equilibrium models; UNSKILLED labor; WAGES
- Publication
B.E. Journal of Economic Analysis & Policy, 2017, Vol 17, Issue 1, p163
- ISSN
2194-6108
- Publication type
Article
- DOI
10.1515/bejeap-2015-0225