The Experts below are selected from a list of 25779 Experts worldwide ranked by ideXlab platform
Laura Panza - One of the best experts on this subject based on the ideXlab platform.
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overcoming the egyptian cotton crisis in the Interwar Period the role of irrigation drainage new seeds and access to credit
The Economic History Review, 2021Co-Authors: Laura Panza, Ulas KarakocAbstract:After experiencing a Period of spectacular growth during the late nineteenth century, the Egyptian cotton sector underwent a phase of stagnation, which was followed by a gradual and steady increase in output during the Interwar Period. Drawing on a new panel dataset at the province–year level, this article explores the determinants of the upturn in cotton output, running a horserace between credit, seed technology, and infrastructure. In order to address endogeneity concerns, an instrumental variable approach is adopted, using a modified version of Bartik's shift‐share instrumental variable. Our results provide supporting evidence that peasants switched to a lower‐yielding cotton variety as a response to changes in relative price. Moreover, our production function estimates show that two key factors had a positive impact on output growth: credit availability and the adoption of new cotton varieties.
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overcoming the egyptian cotton crisis in the Interwar Period the role of irrigation drainage new seeds and access to credit
Social Science Research Network, 2020Co-Authors: Ulas Karakoc, Laura PanzaAbstract:After experiencing a Period of spectacular growth during the late nineteenth century, the Egyptian cotton sector underwent a phase of stagnation between 1900 and 1914, which was followed by a gradual and steady increase in output during the Interwar Period. Drawing on a new panel dataset at the province-year level, we explore the determinants of the upturn in cotton output. First, we provide supporting evidence that peasants switched to lower-yielding cotton variety as a response to changes in relative prices. Second, our production function estimates show that two key factors had a positive impact on output growth: credit availability and intra-cotton shifts.
Ulas Karakoc - One of the best experts on this subject based on the ideXlab platform.
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overcoming the egyptian cotton crisis in the Interwar Period the role of irrigation drainage new seeds and access to credit
The Economic History Review, 2021Co-Authors: Laura Panza, Ulas KarakocAbstract:After experiencing a Period of spectacular growth during the late nineteenth century, the Egyptian cotton sector underwent a phase of stagnation, which was followed by a gradual and steady increase in output during the Interwar Period. Drawing on a new panel dataset at the province–year level, this article explores the determinants of the upturn in cotton output, running a horserace between credit, seed technology, and infrastructure. In order to address endogeneity concerns, an instrumental variable approach is adopted, using a modified version of Bartik's shift‐share instrumental variable. Our results provide supporting evidence that peasants switched to a lower‐yielding cotton variety as a response to changes in relative price. Moreover, our production function estimates show that two key factors had a positive impact on output growth: credit availability and the adoption of new cotton varieties.
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overcoming the egyptian cotton crisis in the Interwar Period the role of irrigation drainage new seeds and access to credit
Social Science Research Network, 2020Co-Authors: Ulas Karakoc, Laura PanzaAbstract:After experiencing a Period of spectacular growth during the late nineteenth century, the Egyptian cotton sector underwent a phase of stagnation between 1900 and 1914, which was followed by a gradual and steady increase in output during the Interwar Period. Drawing on a new panel dataset at the province-year level, we explore the determinants of the upturn in cotton output. First, we provide supporting evidence that peasants switched to lower-yielding cotton variety as a response to changes in relative prices. Second, our production function estimates show that two key factors had a positive impact on output growth: credit availability and intra-cotton shifts.
Louis Phaneuf - One of the best experts on this subject based on the ideXlab platform.
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why does the cyclical behavior of real wages change over time
The American Economic Review, 2004Co-Authors: Kevin X D Huang, Zheng Liu, Louis PhaneufAbstract:The cyclical behavior of real wages has evolved from mildly countercyclical during the Interwar Period to modestly procyclical in the postwar era. This paper presents a general-equilibrium business-cycle model that helps explain the evolution. In the model, changes in the real wage cyclicality arise from interactions between nominal wage and price rigidities and an evolving input-output structure.
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why does the cyclical behavior of real wages change over time
2002Co-Authors: Kevin X D Huang, Zheng Liu, Louis PhaneufAbstract:This paper seeks to understand the evolution of the cyclical behavior of U.S. real wage rates from the Interwar Period to the post World War II Period using a dynamic general equilibrium model that emphasizes demand-driven business cycle fluctuations. In the model, changes in the cyclical behavior of real wages arise endogenously from the interactions between nominal wage and price rigidities and an evolving input-output structure.
Kevin H Orourke - One of the best experts on this subject based on the ideXlab platform.
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commodity market disintegration in the Interwar Period
European Review of Economic History, 2012Co-Authors: William Hynes, David S Jacks, Kevin H OrourkeAbstract:Work on this paper commenced while O'Rourke was a Government of Ireland Senior Research Fellow, and he thanks the Irish Research Council for the Humanities and Social Sciences for their generous financial support. Jacks gratefully acknowledges the Social Sciences and Humanities Research Council of Canada for research support. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.
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commodity market disintegration in the Interwar Period
Research Papers in Economics, 2009Co-Authors: William Hynes, David S Jacks, Kevin H OrourkeAbstract:Using data collected by the International Institute of Agriculture, we document the disintegration of international commodity markets between 1913 and 1938. There was dramatic disintegration during World War I, gradual reintegration during the 1920s, and then a very substantial disintegration after 1929. The Period saw the unravelling of a great many of the integration gains of the 1870-1913 Period. While increased transport costs certainly help to explain the wartime disintegration, they cannot explain the post-1929 increase in trade costs. Protectionism seems the most likely alternative candidate.
Kevin X D Huang - One of the best experts on this subject based on the ideXlab platform.
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why does the cyclical behavior of real wages change over time
The American Economic Review, 2004Co-Authors: Kevin X D Huang, Zheng Liu, Louis PhaneufAbstract:The cyclical behavior of real wages has evolved from mildly countercyclical during the Interwar Period to modestly procyclical in the postwar era. This paper presents a general-equilibrium business-cycle model that helps explain the evolution. In the model, changes in the real wage cyclicality arise from interactions between nominal wage and price rigidities and an evolving input-output structure.
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why does the cyclical behavior of real wages change over time
2002Co-Authors: Kevin X D Huang, Zheng Liu, Louis PhaneufAbstract:This paper seeks to understand the evolution of the cyclical behavior of U.S. real wage rates from the Interwar Period to the post World War II Period using a dynamic general equilibrium model that emphasizes demand-driven business cycle fluctuations. In the model, changes in the cyclical behavior of real wages arise endogenously from the interactions between nominal wage and price rigidities and an evolving input-output structure.