Date of Award
8-2022
Document Type
Dissertation
Degree Name
Doctor of Philosophy (PhD)
Department
Economics
Abstract
The first chapter of this dissertation constructs original estimates of output per worker, physical capital per worker, physical capital-output ratio, and average years of schooling for the states of the United States from 1800 to 2020. It also provides these estimates for agriculture, manufacturing, and non-manufacturing nonagriculture (NMNA) sectors. Using this data, I find multiple “reversal of fortunes” in the South before the Civil War and also provide nominal price of slave. This chapter provides the sources of data, methodology of estimations, and validity comparison of estimates whenever possible using alternative benchmarks. The second chapter finds life cycle age-earning estimates adjusting for cohort effects and helps shield light on inter-generational income mobility. It provides ageearning profiles and age-earning percentile for birth cohorts from 1902 to 2004. The 18 year olds do not have the same income as the current 50 year olds in their 50th birthday. The earnings among cohorts vary even after accounting for economic and social variables; it happens due to cohort-level changes. I find flattening life cycle earning profiles of recent cohorts.
Recommended Citation
Khatri, Krishna, "Essays in Economic Growth and Labor Economics" (2022). All Dissertations. 3124.
https://tigerprints.clemson.edu/all_dissertations/3124