No abstract

We explore the issue of gender differences in education in the context of a two-sex overlapping generations model where men and women of each generation bargain over consumption, number of children, and investment in education of their children. We show that the gender difference implied by our model is smaller than the one that would result from a pure investment model. We use our model to estimate the cost to a woman of having a child. The estimate we obtain is about 5% of the working lifetime of a woman.

JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org.Abstract. The question addressed in this paper is how trade affects the composition of the national product, thus having an effect on the overall growth rate of the economy. The paper uses a dynamic general equilibrium model with three different consumption goods: agriculture, manufactures, and services (non-tradable). The main finding is that if the country produces only primaries and services, the effects of trade on growth are mixed. Trade helps growth at low levels of income, but at higher levels trade slows the country's growth. If the country produces manufactures and services, the effect of trade on growth is not substantial.De'veloppement agricole vs industrialisation: les effets du commerce international. Le probleme central qu'examine ce memoire c'est l'effet du commerce international sur la composition de la production nationale et donc sur le taux de croissance globale de 1'e conomie. On utilise un modele d'equilibre general dynamique oiu il y a trois biens de consommation diff6rents: biens agricoles, biens manufacturiers et services (lesquels ne se transigent pas internationalement). Le resultat principal est que si le pays produit seulement des biens primaires et des services, les effets due commerce international sur la croissance sont mixtes. Le commerce international aide la croissance 'a de bas niveaux de revenus, mais 'a de plus hauts niveaux de revenus le commerce international ralentit la croissance du pays. Si le pays produit des biens manufacturiers et des services, l'effet du commerce international sur la croissance n'est pas substantiel. I. INTRODUCTIONThis paper uses a dynamic general equilibrium model to investigate the effect of trade on a country's growth. The model has consumption goods produced in three different sectors: agriculture, manufactures, and services. The parameters of the technology for producing each of these goods are different and so are the rates This paper is the result of a discussion with Dave Backus. I also want to thank Steve Ambler, Tim Kehoe, Pat Kehoe, Jean Mercenier, and two anonymous referees for helpful comments and suggestions; and the University of Saskatchewan for a start-up grant. The usual disclaimer applies.

This paper estimate a constant returns to scale agricultural production function of the three basic factors of production. Such a function is a useful tool for macroeconomic, Growth, and development studies. It uses the shares approach that Solow used in 1957 and very disaggregated Canadian data. The main results of this paper are that, first, in Canada agriculture is less labor intensive than both services and industry, but capital intensity is similar in the three sectors. Second, the share of land in value added is estimated to be 16%. Third, total factor productivity growth in Canada has been roughly the same—0.3%—in agriculture and manufactures over the period 1971-91. [D24, O13, O41, O47]

No abstract