Structural Change and Internal Labor Migration: Evidence from the Great Depression

成果类型:
Article
署名作者:
Boone, Christopher D. A.; Wilse-Samson, Laurence
署名单位:
University of Massachusetts System; University of Massachusetts Amherst; University of Johannesburg
刊物名称:
REVIEW OF ECONOMICS AND STATISTICS
ISSN/ISSBN:
0034-6535
DOI:
10.1162/rest_a_01116
发表日期:
2023-07
页码:
962-981
关键词:
UNITED-STATES unemployment agriculture IMPACT PRODUCTIVITY mobility CRISIS LAND
摘要:
We analyze sectoral labor reallocation and the reversal of urbanization in the United States during the Great Depression. The widespread movement to farms, which serves as a form of migratory insurance during the crisis, is largely toward farms with low levels of mechanization. In contrast, the mechanized agricultural sector sheds workers, many of whom reallocate into low-productivity or subsistence farming. The crisis perverts the normal process of structural change in which workers displaced by farm equipment are released into more productive occupations, suggesting that macroeconomic fluctuations are an important factor determining the labor market consequences of technological change.
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