GTAP Resources: Resource Display
| GTAP Resource #5588 |
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"Commodity Booms, Human Capital, and Economic Growth. An application to Colombia." by Giraldo, Iader, Ricardo Arguello, Nataly Herrera and Diana Londoño Abstract Empirical research has shown the pro-cyclical behavior in the child labor and income shocks. We want to model the idea that a trade-off exists between the current level of consumption and the future levels of human capital. As shocks in the international prices of commodities affect current income and modify the optimal consumption basket, households adjust their preferences between schooling time and working time for the younger (school-aged) household members. Therefore, the dynamics of human capital accumulation can be affected and, with it, the prospects for economic growth and the sectorial composition of the economy, when commodity production and trade play a significant role in the economy. |
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- Economic development - Education - South America |
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If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.
Public Access  GTAP Resource 5588 (668.9 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
