IDEAS home Printed from https://ideas.repec.org/p/ags/pugtwp/333289.html
   My bibliography  Save this paper

Modeling household and labor heterogeneity in selected LDCs

Author

Listed:
  • La Marca, Massimiliano
  • Chakravarthy, Sumathi
  • Bharathi, Sindhu
  • Vijayakumar, Anitha
  • Narayanan, Badri
  • Sesha, Sudha

Abstract

The analysis of the impact of global trends and the COVID-19 crisis on LDC economies individually and as a group requires a global database and country-specific details on income generation, distribution and consumption and factor employment. This paper aims at providing scenario analysis for LDCs by expanding the GTAP global databases with LDC country-specific data on household, government, firms and labor demand as well as adapting the MyGTAP modelling framework for a richer account of the impact of global and country-specific shocks on the income generation and distribution of LDCs. The dataset includes household and labor breakdowns from GTAP, IFPRI and ILO data. The labour market adjustment is enhanced by introducing a wage curve that allows the wages and employment determination to affect the generation and distribution of incomes across households and firms.

Suggested Citation

  • La Marca, Massimiliano & Chakravarthy, Sumathi & Bharathi, Sindhu & Vijayakumar, Anitha & Narayanan, Badri & Sesha, Sudha, 2021. "Modeling household and labor heterogeneity in selected LDCs," Conference papers 333289, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:333289
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/333289/files/10496.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:pugtwp:333289. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/gtpurus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.