Agriculture: transition buffer or black hole? : a three-state model of employment dynamics

Alexandru Voicu

We analyze the effect of land reform legislation on labor market dynamics in the Romanian economy. We show that the agricultural sector, a source of precarious employment, has become an absorbing state for certain categories of workers who lost their jobs in the nonagricultural sector. A random utility model is used to represent individuals' sequential labor market decisions. The resulting multivariate probit model is estimated using Markov chain Monte Carlo methods.

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Year of publication:	Dezember 2002
Authors:	Voicu, Alexandru
Publisher:	Bonn : IZA
Subject:	labor force participation \| three-state dynamic model \| multivariate probit \| Markov chain Monte Carlo \| transition economy \| land reform \| Agrarreform \| Agrarian reform \| Landwirtschaft \| Agriculture \| Systemtransformation \| Economic transition \| Beschäftigungseffekt \| Employment effect \| Schätzung \| Estimation \| Ukraine

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Extent:	1 Online-Ressource (46 Seiten) Illustrationen
Series:	Discussion paper series / IZA. - Bonn : IZA, ZDB-ID 2120053-1. - Vol. IZA DP no. 676
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/20818 [Handle]
Classification:	J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment ; C35 - Discrete Regression and Qualitative Choice Models ; C11 - Bayesian Analysis ; C15 - Statistical Simulation Methods; Monte Carlo Methods ; C33 - Models with Panel Data
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011415572