Positivistic models of long-run labor allocation dynamics

Denis Stijepic

MPRA Paper from University Library of Munich, Germany

Abstract: We formulate economic laws of long-run labor re-allocation across agriculture, manufacturing, and services based on empirical evidence and derive the implications of these laws for the future (transitional and limit) labor allocation dynamics in developed and developing countries. Our approach for deriving these predictions is positivistic in the sense that we try to derive the direct implications of the laws, i.e. we try to minimize the dependence of our predictions on theoretical/ideological arguments. Due to this fact and because the economic laws are qualitative statements, our modeling approach requires the use of geometrical/axiomatic dynamic modeling techniques, set theory and logic.

Keywords: labor re-allocation; structural change; sectors; agriculture; manufacturing; services; long run; dynamics; trajectory; geometry; simplex (search for similar items in EconPapers)
JEL-codes: C61 C65 O14 O41 (search for similar items in EconPapers)
Date: 2016-11-01, Revised 2016-11-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://mpra.ub.uni-muenchen.de/75050/1/MPRA_paper_75050.pdf revised version (application/pdf)

Related works:
Journal Article: Positivistic models of long-run labor allocation dynamics (2017)
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