The DOI matches its Crossref record; 15 of the 15 references it cites were found in a registry or an index.
Shadow Wages and Peasant Family Labour Supply: An Econometric Application to the Peruvian Sierra
Abstract
This paper develops a methodology for estimating structural time-allocation models for self-employed households and applies it to peasant family labour supply behaviour in the Peruvian Sierra. The opportunity costs of time, or shadow wages, of household workers are explicitly estimated from an agricultural production function. Using an instrumental variables procedure, the household's structural labour supply parameters are recovered from variation in these shadow wages. The empirical results are robust to a number of alternative specifications and diagnostic tests and lend support to the rational allocation of time by peasant households.
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Citations
Cites
Large Sample Properties of Generalized Method of Moments Estimators
Hansen, L. P. (1982) · Econometrica · doi:10.2307/1912775 · Cited by 13,467
Mroz, T. A. (1987) · Econometrica · doi:10.2307/1911029 · Cited by 1,003
Leisure, Home Production and Work--The Theory of The Allocation of Time Revisited
Gronau, R. (1976) · National Bureau of Economic Research · doi:10.3386/w0137 · Cited by 907
Mr, R., & Tp, S. (1982) · American Economic Review · Cited by 717
Specification and Estimation of Cobb-Douglas Production Function Models
Zellner, A., Kmenta, J., & Dreze, J. (1966) · Econometrica · doi:10.2307/1910099 · Cited by 654
Rosenzweig, M. R., & Evenson, R. (1977) · Econometrica · doi:10.2307/1914059 · Cited by 464
Heckman, J. (1977) · National Bureau of Economic Research · doi:10.3386/w0172 · Cited by 400
A method of moments interpretation of sequential estimators
Newey, W. K. (1984) · Economics Letters · doi:10.1016/0165-1765(84)90083-1 · Cited by 331
Testing between Competing Models of Wage and Employment Determination in Unionized Markets
MaCurdy, T. E., & Pencavel, J. (1986) · Journal of Political Economy · doi:10.1086/261398 · Cited by 321
The Estimation of Income and Substitution Effects in a Model of Family Labor Supply
Ashenfelter, O., & Heckman, J. (1974) · Econometrica · doi:10.2307/1913686 · Cited by 319
Cited by
Entitled to work: urban property rights and labor supply in Peru
Field, E. (2007) · The Quarterly Journal of Economics · doi:10.1162/qjec.2007.122.4.1561 · Cited by 637
Poverty, development, and environment
BARBIER, E. B. (2010) · Environment and Development Economics · doi:10.1017/s1355770x1000032x · Cited by 373
‘Does poverty constrain deforestation? Econometric evidence from Peru’
Zwane, A. P. (2007) · Journal of Development Economics · doi:10.1016/j.jdeveco.2005.11.007 · Cited by 79
Metadata
- Authors
- Jacoby, H. G.
- Venue
- The Review of Economic Studies
- Publisher
- Oxford University Press (OUP)
- Published
- 1993-10-01
- Volume
- 60
- Issue
- 4
- Pages
- 903-921
- ISSN
- 0034-6527 (ISSN-L)
- 1467-937X
- OpenAlex
- W2089150307
- Cited by
- 401
- References
- 15
- FWCI
- 8.11
- Type
- journal article
- Language
- en
- Open access
- closed
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- Jacoby, H. G. (1993). Shadow Wages and Peasant Family Labour Supply: An Econometric Application to the Peruvian Sierra. The Review of Economic Studies. https://doi.org/10.2307/2298105
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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