Labour adjustment in agriculture: Assessing the heterogeneity across transition countries

Thomas Herzfeld, Liesbeth Dries and Thomas Glauben

No 114540, 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland from European Association of Agricultural Economists

Abstract: A standard model of labour adjustment in times of economic transition assumes a constant impact of variables like sectoral income differences, unemployment or the relative size of the agricultural sector. This paper shows for a panel of 29 European and Asian transition countries that the standard model fails to take the heterogeneity of determinants of sectoral labour adjustment properly into account. A random coefficients model reveals quite heterogeneous influences of the intersectoral income ratio, the relative size of agricultural employment, the unemployment rate, and the general level of economic development on a measure of sectoral labour adjustment across transition countries. Moreover, for selected determinants the estimated coefficients show opposing signs.

Keywords: Labor; and; Human; Capital (search for similar items in EconPapers)
Pages: 10
Date: 2011
New Economics Papers: this item is included in nep-cwa and nep-lab
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae11:114540

DOI: 10.22004/ag.econ.114540

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