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Verfasst von: | Wong, Po Yin |
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Titel: | Dynamics in the Returns to Capital: Natural Experimental Evidence from Indonesia |
Verlagsort: | England |
Verlag: | Routledge |
Jahr: | 2022 |
Fussnoten: | ObjectType-Article-1 ; ObjectType-Feature-2 ; SourceType-Scholarly Journals-1 ; content type line 23 |
Inhalt: | This paper uses the 2004 Indian Ocean tsunami as a natural experiment to estimate returns to capital over time. With a sample of surviving fishermen who lost their boats and received aid boats, we find that more productive fishermen before the disaster retained their productive edge ex-post, controlling for boat quality and fishing conditions. Returns to innate ability, measured by ex-ante productivity, became more important over time; while returns to physical capital became less important. These findings highlight the importance of innate ability in explaining long-run productivity. |
ISSN: | 0022-0388 |
Titel Quelle: | The Journal of development studies |
Jahr Quelle: | 2022 |
Band/Heft Quelle: | 58, 2, S. 388-409 |
DOI: | doi:10.1080/00220388.2021.2003334 |
URL: | http://www.ub.uni-heidelberg.de/cgi-bin/edok?dok=https%3A%2F%2Ffanyv88.com%3A443%2Fhttps%2Fwww.tandfonline.com%2Fdoi%2Fabs%2F10.1080%2F00220388.2021 ... |
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DOI: https://doi.org/10.1080/00220388.2021.2003334 | |
Sprache: | English |
Sach-SW: | aid |
natural disasters | |
productivity | |
returns to capital | |
Verknüpfungen: | → Sammelwerk |