Showing papers in "Journal of Development Economics in 1983"

TL;DR: In this article, the authors analyzed the sources of growth in the period 1964-1973 for a group of semi-industrialized less developed countries and developed an analytical framework, incorporating the possibility that marginal factor productivities are not equal in the export and non-export sectors of the economy.

TL;DR: In this paper, the authors analyzed credit policy in an open economy macro-model incorporating stylized facts about the financial sector of LDC's (absence of security markets, existence of a curbmarket).

TL;DR: In this paper, the authors analyse the strategic causes and the economic spin-off effects of military expenditure in less developed countries and show that defence burden in LDCs may be analysed principally in terms of strategic factors such as security and threat, and is determined relatively autonomous of economic factors.

TL;DR: In this article, the authors argue that the cross-country U-Curve is more of a hindrance than an aid to our comprehension of the relationship between economic growth and income distribution.

TL;DR: In this paper, the authors consider how wage differentials may be generated between the public and private sectors of a developing economy and examine the non-market character of these differentials in light of a number of hypotheses on public sector wage determination.

TL;DR: In this paper, it was shown that if economies of scale prevail in the foreign supply of the importable (industrial) good, it is shown that cumulative processes of de-industrialisation will occur.

TL;DR: In this paper, a cross-country analysis is developed to investigate the influence of export instability on the domestic economy of less advanced nations, and no clear conclusions for the general case can be provided, since they are sensitive to the particular time period considered.

TL;DR: In this paper, the accumulation of large external debts by eight developing countries since 1973 has been investigated and a framework that provides a useful measure of the economic burden of the external debts of these countries is presented.

TL;DR: In this article, a formal model is developed to establish the structural conditions that result in growth being progressive or regressive on the personal distribution of income, including intersectoral investment priorities between wage goods and luxuries.

TL;DR: In this paper, the role of family resource endowments in determining the extent of land leased-in or leased-out by a household is discussed, with the help of a simple model.

TL;DR: In this paper, the authors investigated whether or not there are statistical differences in the structure of earnings functions among workers in various sectors of economic activity and provided a test of the human capital approach in the explanation of earning differentials among wage earners.

TL;DR: The authors examined the industrial determinants of foreign ownership shares in the large private corporate manufacturing sector of India and found that foreign investment is concentrated in activities demanding complex technologies, large-scale production and intensive management, which yields high profits.

TL;DR: In this article, the authors present an overview of the development of conditionality and financial programming techniques used by the IMF and the current analytical framework underlying IMF conditionality is described and critically appraised.

TL;DR: In this article, the authors present a computable general equilibrium model which incorporates short-run disequilibrium mechanisms stemming from natural rigidities of the economic system, and show that generalizing the available computable GEM models to disequ equilibrium situations and pricequantity adjustment mechanisms is quite possible, although not easy.

TL;DR: This paper argued that although social security has had a significant impact in preventing a considerable number of people from falling below the extreme poverty level in Latin America, it has not played an important role in reducing current extreme poverty in the region.

TL;DR: In this article, it was shown that in a three-agent two-good economy, the transfer paradox may occur at a Walrasian stable equilibrium, and the role of the third agent was made clear.

TL;DR: In this article, a growth inflation model based on recent Brazilian experience is developed and the idea of promoting stabilization through full wage indexation is also examined, in which the wage formula as in Brazil provides for lagged price indexation.

TL;DR: In this paper, the authors examined the costs and benefits that may arise when host countries aim to indigenise the ownership of foreign subsidiaries, and they showed that there may be an optimal level of indigenisation beyond which the marginal social costs of such policies will exceed the corresponding benefits.

TL;DR: In this article, the authors gave necessary and sufficient conditions for the transfer paradox to occur in an economy with three agents, at a unique and Walrasian stable equilibrium, with stable markets.

TL;DR: In this paper, the long-run income elasticity of the demand for money is shown to be roughly unitary and the rate of interest does not affect the demand of money, but only to the extent that it is necessary to change nominal cash balances to adjust cash holdings to their desired level.

TL;DR: This article showed that there is no statistically significant correlation between export instability and export expansion or domestic income expansion, and that the positive correlation reported by Lam in a recent paper is the result of a bias caused by the manner in which the instability index was calculated, and by using data series which end in a year of unusually high exports.

TL;DR: This study of migration in Mexico is based upon a modified Todaro approach and utilizes census data in a simultaneous equations model of 13 variables and finds that in some sense land reform in Mexico may have operated perversely.

TL;DR: In this article, the standard human capital earnings model is applied to data from a 1975 socioeconomic survey conducted in Tehran, Iran Results show that the returns to schooling for the self-employed (not including street vendors, canvassers, and newsvendors) are statistically equivalent to those of wage and salary workers.

TL;DR: In this article, it is shown that when a dynamic version of the migration hypothesis is used, the steady-state growth equilibrium is unstable, characterised by a positive unemployment rate typical of Todarian models.

TL;DR: In this paper, the authors investigated the motivation for and the consequences of government intervention in food grain markets in Tanzania and found that the government has been following a relative food grain self-sufficiency that has insulated the domestic market from the international market.

TL;DR: In this paper, the authors pointed out the methodological weaknesses in N.V. Lam's article and with the employment of appropriate measures demonstrates the tautological nature of Lam's findings on the relationship between export growth and instability.

TL;DR: In this paper, the authors examined the foreign exchange market of Singapore from the perspective of market efficiency and further determined if factors such as the unanticipated changes in interest rate differentials and purchasing power parity play a role in the behavior of the exchange rate using a variety of tests.