Agriculture : Transition Buffer or Black Hole? A Three-State Model of Employment Dynamics

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:	[2021]
Authors:	Voicu, Alexandru
Publisher:	[S.l.] : SSRN
Subject:	Landwirtschaft \| Agriculture \| Systemtransformation \| Economic transition \| Agrarreform \| Agrarian reform \| Schätzung \| Estimation \| Beschäftigungseffekt \| Employment effect \| Ukraine

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