Showing papers in "Journal of Development Economics in 1979"

TL;DR: In this article, a quantitative framework for projecting levels of poverty under different assumptions about GNP growth, population growth, and changes in income distribution is described, and the model indicates that it is possible to design national and international policies to eliminate the lag between growth of income of the poor and growth of the developing country as a whole.

TL;DR: In this paper, an econometric model of household production, consumption and labor supply behavior for a semicommercial farm with a competitive labor market is presented, using a Cobb-Douglas specification for the production function and a modified linear expenditure system.

TL;DR: In this article, a compact, one-sector version of recent large-scale income distribution models is presented, where different specifications of endogenous and exogenous variables in the model (or assumptions about how it is closed) change its qualitative behavior directly.

TL;DR: In this paper, a compact, one-sector version of recent large-scale income distribution models is presented, where different specifications of endogenous and exogenous variables in the model (or assumptions about how it is closed) change its qualitative behavior directly.

TL;DR: A survey of the potential contribution of industrialization based on resource processing to efficient growth, employment creation, greater equity and economic independence is presented in this article, showing that the use of capital-intensive methods to reduce raw material costs appears to confer comparative advantage on countries with cheap capital.

TL;DR: Four primary issues are addressed: economic constraints and intra-family resource allocation decisions impacting on a child's nutritional and health status; the interrelationship between malnutrition, diarrhea, and other diseases; specific policy interventions impacting on health and nutritional status.

TL;DR: In this article, a simple model of expectations formation was added to a simple macroeconomic simultaneous equation model of aggregate supply and demand to overcome certain shortcomings in the existing tests of various theories of inflation and cyclical income growth.

TL;DR: In this article, a simple general equilibrium model of saving and accumulation is proposed and applied to Korea and the sources of her accumulation experience between 1962 and 1976 are estimated, and the model is then used to explore policies which would more nearly approach optimal accumulation rates.

TL;DR: In this article, the evolution of the Israeli exchange rate regime from the application of large discrete devaluations interspersed with gradual adjustments of export subsidies and import tariffs, through the adoption of a crawling peg (1975), and culminating in exchange decontrol and a float (1977).

TL;DR: In this article, the authors discuss the Mexican experience regarding exchange rate policy and the development of the financial market since the 1950's, with emphasis on the unique structure of Mexican financial institutions.

TL;DR: In this paper, the behavior of prices and real outputs in the Indian economy over the period 1951-1973 were analyzed in a general equilibrium framework through specifying a macro-econometric model of the economy.

TL;DR: In this article, a simple graphical analysis is presented, for dissection of the growth and distributional responses of a one-sector neoclassical model, and how the model fits in with the somewhat more elaborate models discussed in the subsequent symposium, to shed light on their properties.

TL;DR: This article showed that the importance of different behavioral specifications cannot be determined independently of how markets get cleared, and that equilibrium is unique whether the labour market works classically or neoclassically.

TL;DR: In this paper, the authors discuss the Brazilian experience with the crawling peg between 1968 and 1976 and evaluate the exchange rate alternatives to cope with the large balance of payments deficits resulting from the conjunction of the oil crisis with the accelerating GDP growth rates of the 1968-1976 period.

TL;DR: In this paper, the medium-term development prospects for Zambia were discussed in terms of a modified dual economy model, suitably modified to capture a number of key aspects of the Zambian economy.

TL;DR: In this article, evidence is presented for a large net capital outflow from the agricultural sector in Kenya between 1964 and 1972, increasing over the period, and the financial and structural shifts underlying this flow are examined and interpreted.

TL;DR: In this paper, the authors analyse Indian export incentives within the framework of piecemeal "second-best" welfare economics, taking the extant import control system as a binding constraint, and provide a condensed account of recent Indian export incentive together with some quantitative estimates of their likely effects on feasible second-best welfare levels.

TL;DR: The theory of structural inflation explains movements of the money-price level via the variation of relative prices as mentioned in this paper, which can be extended to provide a possible interpretation of the so-called stagflation paradox.

TL;DR: In this paper, a compact form of the Taylor/Lysy model is presented, consisting of the commodity and factor price frontiers, the saving-investment equilibrium condition and the neoclassical relationship between relative factor prices and the capital intensity.

TL;DR: In this paper, the domestic resource cost (DRC) of foreign exchange methodology is extended to evaluate education programs for purposes of indigenization in Ivory Coast, and the system of tuition charges should be implemented in order to reduce the disparity between social and private returns to education.

TL;DR: This paper examined the nature and extent of labor market segmentation in Brazil through a survey of 82 modern sector firms in Sao Paulo and found that hiring, training and promotion patterns differ significantly between occupations and a key to understanding these patterns is the nature of skill acquisition.

TL;DR: In this paper, a static model is presented, which makes the terminal conditions fully consistent with the endogenous behavior in the context of a multisectoral optimization model, focusing on comparative advantage choices in international trade and their implications for growth rates of national product and for the allocation of investment.

TL;DR: In this article, the authors examined the relationship between factor markets and an industry structure such that capital-intensity is correlated with size, and firms of different sizes coexist in the long run.

TL;DR: The authors argued that the Keynesian effects discussed in this symposium may not be relevant for real policy choices, and argued that a bias in new hiring toward high-skilled workers may be justified.