Resource title

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

Resource image

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

Resource description

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.

Resource author

Alexandru Voicu

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/20818

Resource license

Adapt according to the presented license agreement and reference the original author.