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Sir William Petty y la conformación de la Ley Petty-Clark
[Sir William Petty and the conformation of the Petty-Clark Law]

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  • Vélez Tamayo, Julián Mauricio

Abstract

The topics of interest of the economists have been common since the emergence of the economic discipline like science in the beginnings of the modernity, the theoretical contributions of William Petty are an example of this. The behavior of the dynamics of employment in an economy, given that it constitutes a determinant factor of production as is the work. The Petty-Clark law can be defined as the changes that are made in a society in the dedication or employment of its population to a certain primary activity towards a more advanced (secondary-tertiary) in such a way that, the relative importance of the Sectors is gaining momentum over time. A bit of time series econometrics is done to verify compliance with the Law in the Metropolitan Area.

Suggested Citation

  • Vélez Tamayo, Julián Mauricio, 2016. "Sir William Petty y la conformación de la Ley Petty-Clark [Sir William Petty and the conformation of the Petty-Clark Law]," MPRA Paper 76345, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:76345
    as

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    References listed on IDEAS

    as
    1. Dipa Mukherjee & Rajarshi Majumder, 2008. "Tertiarisation of the Indian labour market: a new growth engine or sending distress signals?," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 13(4), pages 387-413.
    2. Emi, Koichi, 1971. "The Structure and Its Movements of the Tertiary Industry in Japan," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 12(1), pages 22-32, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Tertiarization; Employment; productive sectors;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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