Journal of Comparative Economics
Опубликовано на портале: 22-09-2003Jianguo Wang, Xiaokai Yang Journal of Comparative Economics. 1996. Vol. 23. No. 1. P. 20-37.
This article investigates the implications of pursuit of relative utility for the equilibrium level of division of labor and trade dependence. Jianguo Wang's ("Pursuit of Relative Economic Standing," Ph.D. dissertation, Department of Economics, Monash University, 1993) approach to modeling pursuit of relative economic standing is applied to Xiaokai Yang's framework with consumer-producers, economies of specialization, and transaction costs (Yang, Xiaokai, J. Develop. Econom. 34, 1-2:199-222, Nov. 1990) in order to investigate the relationship between the pursuit of relative utility, transaction efficiency, and the level of division of labor. It is found that a stronger desire for relative utility has positive productivity implications and positive effects on the development of the division of labor if it narrows the differential between preferences for different goods or if it reduces the desire for a variety of a person's productive activities. That is to say, the consumption of relative position may or may not generate positive effects, depending on specific conditions.
Опубликовано на портале: 22-09-2003Alan de Brauw, Jikun Huang, Scott Rozelle, Linxiu Zhang, Xudong Zhang Journal of Comparative Economics. 2002. Vol. 30. No. 2. P. 329-353.
This paper contributes to the assessment of China's rural labor markets, while paying attention to whether these markets are developing in a manner conducive to the nation's modernization. According to our household survey, we find that the rapid increase in off-farm employment has continued and accelerated during the late 1990's. Our analysis shows that migration has become the most prevalent off-farm activity, has become dominated by young and better educated workers, has expanded most rapidly in areas that are relatively well-off, and has begun to draw workers from portions of the population, such as women, that earlier had been excluded from participation.