Agricultural employment in Spain and new Keynesian economics
Our research examines the agricultural labor market from the perspective of new Keynesian economics. Our aim is to verify that total gross output, total factor productivity, and real wages act as determinants of employment levels in Spanish agriculture. Three structural econometric models were estim...
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Lenguaje: | English |
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Pontificia Universidad Católica de Chile. Facultad de Agronomía e Ingeniería Forestal
2016
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oai:scielo:S0718-162020160002000022016-10-07Agricultural employment in Spain and new Keynesian economicsAndrés González-Moralejo,SilviaGarcía Cortés,Mildrey agrarian labor market neo-Keynesian model wages Our research examines the agricultural labor market from the perspective of new Keynesian economics. Our aim is to verify that total gross output, total factor productivity, and real wages act as determinants of employment levels in Spanish agriculture. Three structural econometric models were estimated using census data for the period 1998-2013. This was a period of profound economic and social change, and the following two distinct sub-periods were compared: 1998-2007 (a period of economic boom) and 2008-2013 (a period of recession). The empirical evidence is consistent with neo-Keynesian theoretical posits, albeit with certain qualifiers derived from the specifically rural nature of the evidence. The results show a negative relationship between employment and productivity and wages, which intensified during the recession.info:eu-repo/semantics/openAccessPontificia Universidad Católica de Chile. Facultad de Agronomía e Ingeniería ForestalCiencia e investigación agraria v.43 n.2 20162016-05-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-16202016000200002en10.4067/S0718-16202016000200002 |
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Scielo Chile |
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Scielo Chile |
language |
English |
topic |
agrarian labor market neo-Keynesian model wages |
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agrarian labor market neo-Keynesian model wages Andrés González-Moralejo,Silvia García Cortés,Mildrey Agricultural employment in Spain and new Keynesian economics |
description |
Our research examines the agricultural labor market from the perspective of new Keynesian economics. Our aim is to verify that total gross output, total factor productivity, and real wages act as determinants of employment levels in Spanish agriculture. Three structural econometric models were estimated using census data for the period 1998-2013. This was a period of profound economic and social change, and the following two distinct sub-periods were compared: 1998-2007 (a period of economic boom) and 2008-2013 (a period of recession). The empirical evidence is consistent with neo-Keynesian theoretical posits, albeit with certain qualifiers derived from the specifically rural nature of the evidence. The results show a negative relationship between employment and productivity and wages, which intensified during the recession. |
author |
Andrés González-Moralejo,Silvia García Cortés,Mildrey |
author_facet |
Andrés González-Moralejo,Silvia García Cortés,Mildrey |
author_sort |
Andrés González-Moralejo,Silvia |
title |
Agricultural employment in Spain and new Keynesian economics |
title_short |
Agricultural employment in Spain and new Keynesian economics |
title_full |
Agricultural employment in Spain and new Keynesian economics |
title_fullStr |
Agricultural employment in Spain and new Keynesian economics |
title_full_unstemmed |
Agricultural employment in Spain and new Keynesian economics |
title_sort |
agricultural employment in spain and new keynesian economics |
publisher |
Pontificia Universidad Católica de Chile. Facultad de Agronomía e Ingeniería Forestal |
publishDate |
2016 |
url |
http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-16202016000200002 |
work_keys_str_mv |
AT andresgonzalezmoralejosilvia agriculturalemploymentinspainandnewkeynesianeconomics AT garciacortesmildrey agriculturalemploymentinspainandnewkeynesianeconomics |
_version_ |
1714202170421673984 |