1,358,888 research outputs found
The Harris-Todaro Hypothesis
No full textThe Harris-Todaro hypothesis replaces the equality of wages by the equality of ‘expected’ wages as the basic equilibrium condition in a segmented but homogeneous labour market, and in so doing it generates an equilibrium level of urban unemployment when a mechanism for the determination of urban wages is specified. This article reviews work in which the Harris-Todaro hypothesis is embedded in canonical models of trade theory in order to investigate a variety of issues in development economics. These include the desirability (or the lack thereof) of foreign investment, the complications of an informal sector, and the presence of clearly identifiable ethnic groupsHarris-Todaro, Wages, Labour Economics, Labour Market, Rural to Urban Migration
The Harris-Todaro Hypothesis
No full textThe Harris-Todaro hypothesis replaces the equality of wages by the equality of ‘expected’ wages as the basic equilibrium condition in a segmented but homogeneous labour market, and in so doing it generates an equilibrium level of urban unemployment when a mechanism for the determination of urban wages is specified. This article reviews work in which the Harris-Todaro hypothesis is embedded in canonical models of trade theory in order to investigate a variety of issues in development economics. These include the desirability (or the lack thereof) of foreign investment, the complications of an informal sector, and the presence of clearly identifiable ethnic groups.Harris-Todaro; Wages; Labour Economics; Labour Market; Rural to Urban Migration
The Harris-Todaro Hypothesis
No full textThe Harris-Todaro hypothesis replaces the equality of wages by the equality of expected wages as the basic equilibrium condition in a segmented but homogeneous labour market, and in so doing it generates an equilibrium level of urban unemployment when a mechanism for the determination of urban wages is specified. This article reviews work in which the Harris-Todaro hypothesis is embedded in canonical models of trade theory in order to investigate a variety of issues in development economics. These include the desirability (or the lack thereof) of foreign investment, the complications of an informal sector, and the presence of clearly identifiable ethnic groups.Harris-Todaro, Wages, labour economics, Labour Market, Rural to Urban Migration
MINIMUM WAGE AND INCOME DISTRIBUTION IN THE HARRIS-TODARO MODEL
No full textThe purpose of this paper is to examine the effects of a change in the minimum wage on income distribution and employment in a developing economy. The basic framework of our analysis is the original Harris-Todaro model, in which the only factor that is intersectorally mobile is labor. We analyze the effects of a change in the minimum wage on income distribution, sectoral employment and unemployment, both in the framework of a small open economy, and with endogenous commodity-price changes. Our findings differ from the results of the existing literature and shed light on the complex interaction between the urban and the rural sector of a developing economy.Minimum Wage, Economies of Scale, Urban Unemployment
Carta de Todaro della Galia a Pedro Dorado Montero
No full textCarta de D. Todaro della Galia, a D. Pedro Dorado Montero, sobre el envío de sus libros
On the Todaro paradox
No full textThis paper presents a version of the Harris-Todaro model in which the rural labour market is characterised by monopsonistic behaviour. It is shown that the ‘Todaro paradox’, i.e. that the creation of jobs in the urban sector actually increases urban unemployment, does not hold if the urban employed outnumber the urban unemployed. The latter is the rule in all LDCs
Ichthydium diacanthum Balsamo & Todaro 1995
No full textIchthydium diacanthum Balsamo & Todaro, 1995 (Figures 8 A, B; Table 2) Localities: Bog close to E 14, Jämtland, Sweden (63 º 21.248 ’N; 12 º 35.403 ’E). Material: 1 specimen. Remarks: The Swedish specimen of I. diacanthum agrees well with the morphometric data given by Balsamo & Todaro (1995). This species is characterized by a fine pattern of cuticular microsculptures which gives the cuticle a granulated appearance. PhIJ at U 29; ASB at U 22; PSB at U 75. Associated gastrotrich fauna: Chaetonotus oculifer and Ichthydium skandicum n. sp.Published as part of Kånneby, Tobias, Todaro, Antonio & Jondelius, Ulf, 2009, One new species and records of Ichthydium Ehrenberg, 1830 (Gastrotricha: Chaetonotida) from Sweden with a key to the genus, pp. 26-46 in Zootaxa 2278 on page 31, DOI: 10.5281/zenodo.19115
On The Removal of Agricultural Price Bands in Chile: A General Equilibrium Analysis
No full textChile has supported its agriculture with the use of price bands on selected commodities namely wheat, vegetable oils and fats, and sugar. In this paper we consider agricultural reform and how urban unemployment, and rural-urban migration, may alter the expected welfare effects of agricultural reform. We utilize a new CGE model of the Chilean economy based on the Harris-Todaro ramework, incorporating imperfect labor mobility, and consider both price band removal and more extensive agricultural reform that eliminates all tariffs on agricultural and food commodities in Chile. Results show that if trade reforms damage the rural economy in Chile, potential gains in welfare from lower agricultural prices are offset by increased urban unemployment and lower rural wages resulting in net welfare loss from trade reform.
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