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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Autores principales: Andrés González-Moralejo,Silvia, García Cortés,Mildrey
Lenguaje:English
Publicado: Pontificia Universidad Católica de Chile. Facultad de Agronomía e Ingeniería Forestal 2016
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-16202016000200002
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spelling 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
institution Scielo Chile
collection Scielo Chile
language English
topic agrarian labor market
neo-Keynesian model
wages
spellingShingle 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
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