Industrial output fluctuations in developing countries: General equilibrium consequences of agricultural productivity shocks

This paper shows that a negative shock to agricultural productivity may increase food prices, and labor and capital can move away from manufacturing into agriculture to meet the subsistence requirement for food. This effect depends on income levels and openness to trade. Using annual manufacturing d...

Full description

Saved in:
Bibliographic Details
Main Author: LEE, Iona Hyojung
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2018
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/1728
https://ink.library.smu.edu.sg/context/soe_research/article/2727/viewcontent/IndustrialOutputFluctuations_updated.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English

Similar Items