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- Publisher
- Oxford University Press
- Copyright
- Copyright © 2015 Centre for the Study of African Economies
- ISSN
- 0963-8024
- eISSN
- 1464-3723
- DOI
- 10.1093/jae/10.1.37
- Publisher site
- See Article on Publisher Site
Abstract
This paper explains economic growth differences in an aggregate production function framework, where labor reallocation from agriculture to modern sectors influences labor efficiency growth. The econometric analysis uses a panel of 65 developing and industrial countries over 1960-90. The results highlight: (i) differences in the impact of labor reallocation on growth, resulting from variations in the intersectoral wedge in labor productivities; (ii) the significance of labor reallocation effects, even after controlling for capital accumulation, initial conditions and country effects, and adjusting for endogeneity; (iii) their role in explaining slow productivity growth in Africa; and (iv) the role of initial conditions and capital accumulation in explaining differences in labor reallocation rates. Oxford University Press « Previous | Next Article » Table of Contents This Article J Afr Econ (2001) 10 (1): 37-63. doi: 10.1093/jae/10.1.37 » Abstract Free Full Text (PDF) Free Classifications Article Services Article metrics Alert me when cited Alert me if corrected Find similar articles Similar articles in Web of Science Add to my archive Download citation Request Permissions Citing Articles Load citing article information Citing articles via CrossRef Citing articles via Scopus Citing articles via Web of Science Citing articles via Google Scholar Google Scholar Articles by Poirson, H. 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Journal
Journal of African Economies – Oxford University Press
Published: Mar 1, 2001