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Why has the living standard of the Philippines relative to that of the United States not risen unlike its Asian neighbors? Applying a simple neoclassical model and some empirical methods of analysis employed in growth economics on data on national income accounts and the workforce from the Penn...
Persistent link: https://www.econbiz.de/10008677419
We propose a theoretically consistent method for calibrating input (and output) price elasticities (of agricultural crops) from a minimal set of given estimates. Our review of production theory suggests three starting points for the exercise : (a) inputs and outputs have to be classified by...
Persistent link: https://www.econbiz.de/10008677421
This paper presents the parameter estimates of a translog variable cost function for 65 Philippine hospitals and discusses certain inferences that can be drawn from these estimates. It means to highlight three points: First, it shows how a translog cost function, which has many parameters, can...
Persistent link: https://www.econbiz.de/10010671397
In order to measure the intrinsic effect of schooling on wages for adolescents and young adults from four villages in Rural Guatemala, this paper estimates different wage speci?cations that have been suggested in the human capital literature. Successively accounted for are potential sources of...
Persistent link: https://www.econbiz.de/10010680931
Using data on 162 household beneficiaries of the Lalakas ang Katawang Sapat sa Sustansiya (LAKASS) program in Abra, we estimate an ordered probit model to explore the associations between the type of interventions received by these households and their socioeconomic and demographic...
Persistent link: https://www.econbiz.de/10010680956
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The literature has focused on motives to explain remittance behavior. But as non-anonymous transfers, remittances are liable to be influenced by giving norms as well. We formulate an empirical specification that takes account of remittance motives involving worker-household pairs. We find that...
Persistent link: https://www.econbiz.de/10009003398