Kenya’s Development Path and Factor Prices 1964-2000
| dc.contributor.author | Durevall, Dick | swe |
| dc.contributor.author | Bigsten, Arne | swe |
| dc.contributor.department | Department of Economics | swe |
| dc.date.accessioned | 2004-08-31 | swe |
| dc.date.accessioned | 2007-02-09T11:15:25Z | |
| dc.date.available | 2007-02-09T11:15:25Z | |
| dc.date.issued | 2004 | swe |
| dc.description.abstract | This study analyses how changes in factor abundance and trade policy have affected factor prices in Kenya since 1964. First there was a period of capital deepening, but this was reversed from 1982. As a result, there has been a shift of production towards the labour-intensive informal sector. The econometric analysis shows that in the long run factor proportions determined relative factor returns; for instance, an increase in the capital-labour ratio raised the wage-capital rental ratio. We did not find any significant impact of changes in goods prices, due to among other things changes in trade policy, on factor returns. | swe |
| dc.format.extent | 41 pages | swe |
| dc.format.extent | 329312 bytes | |
| dc.format.mimetype | application/pdf | |
| dc.gup.epcid | 3837 | swe |
| dc.gup.origin | Göteborg University. School of Business, Economics and Law | swe |
| dc.identifier.uri | http://hdl.handle.net/2077/2773 | |
| dc.language.iso | en | swe |
| dc.relation.ispartofseries | Working Papers in Economics, nr 142 | swe |
| dc.subject | Factor abundance; trade policy; globalisation; factor prices; Kenya | swe |
| dc.subject.svep | Economics | swe |
| dc.title | Kenya’s Development Path and Factor Prices 1964-2000 | swe |
| dc.type.svep | Report | swe |
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